In India there will be Petrol price hike by 4 Rs & Diesel price hike by 2 Rs from July 2 2009.
But there is no change in Kerosene price & LPG price. So housewives can relax a little bit.
The new hiked petrol price in Kerala, India will be around 48 Rs and diesel cost will be around Rs 36.
The new petrol price hike may result in the increase of price of day-to-day commodities and transportation charges.
The price hike can result in more people depending on public transportation system rather than using self owned vehicles. This will result more rush in the bus.
This Petrol price hike and Diesel price hike will be very sad news for college students who use their own bikes. As they depend parents completly for their petrol and diesel expense, they will be forced to leave bikes at home itself.
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