As per HDFC Bank's note, under-recoveries for petrol and diesel stood at ₹17 per litre and ₹20 per litre respectively as of 2nd June 2022, warranting a case for hiking petrol and diesel prices going forward.
source https://www.livemint.com/news/india/petrol-diesel-prices-have-room-to-rise-ahead-how-does-it-impact-inflation-11654795717212.html
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