In a recent development, the government has given the green light to a substantial increase petrol price, leaving consumers grappling with the impact on their daily lives. According to official notifications, the price of petrol per liter has witnessed a staggering rise of Rs. 13.55 taking it to the new price of Rs. 272.89.
Similarly, a revision of Rs. 2.75 per liter has been approved for diesel, bringing the new price to Rs. 278.96 per liter after the increase. In a move to provide relief, the price of kerosene oil has been reduced by Rs. 0.24 per liter, establishing the new rate at Rs. 286.62 per liter.
Furthermore, a moderate increase of Rs. 2.03 per liter has been sanctioned for light diesel oil, setting the new price at Rs. 166.86 per liter.
These adjustments come following the Prime Minister’s approval of the new prices for petroleum products. The revisions aim to strike a balance between economic considerations and the need to ensure a stable supply of energy resources in the country. As consumers navigate these changes, it remains to be seen how these adjustments will impact various sectors of the economy.
