A viral post claiming that petrol prices in other countries are very low compared to that in India is widely being shared across all social media platforms. Through this article lets factcheck the claim made in the post.
Claim: Price of petrol in other countries is very low compared to that in India.
Fact: There are vast discrepancies between the price given in the list and the actual price in the respective country. Price per liter in some countries is high compared to India. Hence the claim made in the post is FALSE.
When we tried to verify the price of petrol in each of the countries mentioned in the post, we found that in Pakistan the price of petrol per liter according to Oil and Gas Regulating Authority of Pakistan’s circular dated 26 June 2020, regarding the revision of prices, is PKR 100.11 per liter which in Indian currency is ₹ 45.35. Shell oil and gas company Pakistan is selling petrol for the same amount mentioned above which can be seen on the company website. Whereas in Bangladesh according to Bangladesh Petroleum corporation the cost is Taka 86 per liter which in India currency is ₹ 76.26. In Sri Lanka, according to Ministry of Petroleum Resource Development, the cost is LKR 161 per liter which in Indian currency is ₹ 65.20. However, the price of petrol according to the post for Pakistan, Bangladesh & Sri Lanka is ₹ 26, ₹ 22 & ₹ 34 respectively.
According to Globalpetrolprices website as of 06 June 2020, the cost of per liter petrol in ₹ in Italy is ₹ 120.50, in Cuba it is ₹ 89.64 and in Nepal it is ₹ 60.23. When we compared these prices with the numbers given in the post, there is a vast difference. According to the post, the price of per liter petrol in Italy, Cuba, and Nepal is ₹ 14, ₹ 19 and ₹ 34 respectively. Similarly, the price in Afghanistan is ₹ 33.01 whereas in the post it is ₹ 36, in Burma, the price is ₹ 38.24 compared to that in the post which is ₹ 30. When we crosschecked the actual price of petrol in India on 06 June 2020, it the same as given in the post.
We can conclude that the price of petrol per liter in some countries is higher than in India and in some countries, it is lower. But the actual numbers are vastly different from what is given in the post. Hence the post is misleading.
In a nutshell, incorrect price of petrol in different countries is being compared to that of India.
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