Why is Petrol Price at 100 Rupees? | Explained by Dhruv Rathee

Why has the petrol price crossed more than ₹100 per litre across many places in India? Is it the fault of global crude oil prices or is it the excise duty that has been put by the central govt or the VAT that is being put by the state govt? I explain this phenomenon in this video. '

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0:00 Introduction
1:50 Deregulation of Petrol Prices
4:19 Why don't consumers benefit?
5:22 Breakdown of Taxes
6:30 Central Govt Tax
7:36 Comparison with other countries
8:58 Why is Crude Oil rising?