The government reduced the prices of petrol and diesel by two rupees per liter.
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New Delhi: The Central Government on Thursday cut the prices of petrol and diesel by Rs 2 per liter ahead of the Lok Sabha elections and the implementation of the Model Code of Conduct. Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Twitter (formerly Twitter) that petrol and diesel prices have been cut by Rs 2 per liter and the new prices will be effective from 6 am on March 15. The Ministry of Petroleum and Natural Gas said on “X” that oil marketing companies have informed that they have reduced the prices of petrol and diesel across the country.
Today’s decision has been taken just after Prime Minister Narendra Modi announced a price cut of Rs 100 in LPG gas cylinder on the occasion of International Women’s Day last week on March 8. According to the notification of the Ministry of Petroleum and Natural Gas, “Reduction in prices of petrol and diesel will boost consumer spending and reduce the operating costs of more than 58 lakh heavy goods vehicles, 6 crore cars and 27 crore two-wheelers running on diesel. Will come.
Shri Puri said that by reducing the prices of petrol and diesel by Rs 2, Prime Minister Modi has once again proved that the welfare and convenience of crores of Indian families has always been his goal. Oil marketing companies said the reduction in petrol and diesel prices would provide more disposable income to citizens and also boost tourism and travel while controlling inflation.
This will result in reduced expenses for businesses dependent on transportation and will benefit the logistics, manufacturing and retail sectors. Due to reduction in the prices of petrol and diesel, farmers will have to spend less for tractors and pump sets in the fields.
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