Diesel Price in Jharkhand (25th April 2024)
Today's diesel price in Jharkhand (Ranchi) is at ₹92.56 per litre, reflecting a slight decrease compared to yesterday's rate of ₹92.91. Over the past 10 days, fluctuations have been observed, with prices ranging between ₹92.87 and ₹92.56. You can also view today's diesel prices in all states and districts of India and compare them with the rates from the previous day, which already include state taxes.
Jharkhand is one of the new states which attained statehood during the year 2000. The state has an area of 79,710-kilometre square. The state has a huge deposit of mineral resources in the country. Jharkhand contributes USD 726.80 as per capita annual income for the country. Fuel is one of the most essential resources for the development and continuation of industries in a country. The large deposits of minerals in the state have led to the development of industries.
| City | Today Price | Yesterday Price |
| Bokaro | ₹ 92.84 | ₹ 92.66 |
| Chatra | ₹ 94.18 | ₹ 94.02 |
| Deogarh | ₹ 92.28 | ₹ 92.33 |
| Deoghar | ₹ 92.28 | ₹ 92.33 |
| Dhanbad | ₹ 92.51 | ₹ 92.58 |
| Dumka | ₹ 93.22 | ₹ 92.87 |
| East Singhbhum | ₹ 92.49 | ₹ 92.72 |
| Garhwa | ₹ 95.01 | ₹ 94.90 |
| Giridih | ₹ 93.31 | ₹ 93.31 |
| Godda | ₹ 92.78 | ₹ 93.23 |
| Gumla | ₹ 93.04 | ₹ 93.61 |
| Hazaribagh | ₹ 93.46 | ₹ 93.13 |
| Jamtara | ₹ 93.10 | ₹ 93.01 |
| Khunti | ₹ 92.49 | ₹ 92.63 |
| Koderma | ₹ 93.35 | ₹ 93.19 |
| Latehar | ₹ 93.59 | ₹ 93.79 |
| Lohardaga | ₹ 93.44 | ₹ 93.44 |
| Pakur | ₹ 93.88 | ₹ 93.68 |
| Palamau | ₹ 94.48 | ₹ 94.68 |
| Ramgarh | ₹ 93.10 | ₹ 93.10 |
| Ranchi | ₹ 92.56 | ₹ 92.91 |
| Sahibganj | ₹ 94.02 | ₹ 93.83 |
| Saraikela Kharasawan | ₹ 92.49 | ₹ 92.49 |
| Simdega | ₹ 93.53 | ₹ 93.53 |
| West Singhbhum | ₹ 93.10 | ₹ 93 |
Diesel Prices in Jharkhand Vs Other States in India
The diesel prices in India is not fixed across the country owing to several reasons, one such reason is the state levied value-added tax which differs from one state to another and the same is decided by the respective state governments. Apart from this the demand and supply pattern, global crude prices, logistics, customs duty by the central government also act as the factors which determine the diesel rates in Jharkhand.
The Value Added Tax on diesel in Jharkhand stands at 23.26% and in Bihar, the VAT on diesel is at 18.32%. The residents of Jharkhand pay more for diesel as compared with the residents of Bihar.
Features of Dynamic Fuel Pricing Technique
The following are the features of Dynamic Fuel Pricing Technique:
• The fuel prices are revised on a daily basis.
• Fuel rates are fixed in sync with global crude oil prices.
• The consumers can be aligned to the market dynamics.
• Working Capital can be managed by both the dealers as well as the oil marketing companies.
• Indian fuel retail segment can be aligned with the global oil market.
• It is one of the best stock management principles which can be adopted.
