India

Petrol-diesel Prices Reduced By Rs 2 Across India Ahead Of Election Dates Announcement – Central Government reduced the prices of petrol-diesel across the country, new rates will be applicable from March 15. theinsiderinsight

The prices of petrol and diesel will be reduced from March 15.

Modi government has reduced the prices of petrol and diesel across the country. The new price will be applicable from March 15. Oil marketing companies (OMCs) have informed that they have revised the prices of petrol and diesel across the country. The new prices will be effective from 06:00 am on March 15, 2024.

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The Ministry of Petroleum and Natural Gas gave this information while posting on Twitter. Also told that reduction in prices of petrol and diesel will increase consumer spending and reduce the operating cost of more than 58 lakh heavy goods vehicles, 6 crore cars and 27 crore two-wheelers running on diesel.

Petroleum and Natural Gas Minister Hardeep Singh made a long post on Twitter saying that by reducing the prices of petrol and diesel by Rs 2, Prime Minister Narendra Modi has proved that the welfare and convenience of his family of crores of Indians is always his goal. He has also explained in detail about the price of oil in the world.

Citizens will get these benefits due to reduction in prices of petrol and diesel-

● More disposable income
● Promotion of tourism and travel industries
● Control on inflation
● Increase in consumer confidence and spending
● Reduction in expenses for businesses dependent on transportation
● Win-win situation for logistics, manufacturing and retail sectors
● Less expenditure on tractor operation and pump sets for farmers.



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