Pre Poll Bonanza: Petrol, diesel prices slashed by Modi government
Kanwar Inder Singh/ roaylapatiala.in News/ March 14,2024
The central government has reduced the price of petrol and diesel by two rupees
In a message, Ministry of Petroleum and Natural Gas shared “Oil Marketing Companies (OMCs) have informed that they have revised Petrol and Diesel Prices across the country. New prices would be effective from 15th March 2024, 06:00 AM.”
Reduction in petrol and diesel prices will boost consumer spending and reduce operating costs for over 58 lakh heavy goods vehicles running on diesel, 6 crore cars and 27 crore two-wheelers, the ministry said.
“Reduced petrol and diesel prices will benefit the citizens through: ● More disposable income. ● Boost for tourism and travel industries. ● Control over inflation. ● Increased consumer confidence and spending. ● Reduced expenses for businesses dependent on transportation. ● Enhanced profitability for logistics, manufacturing, and retail sectors. ● Reduced outgo for Farmers on tractor operations & pump sets,” the ministry’s post highlighted.