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Final Up to date: March 14, 2024, 22:19 IST
The announcement was made by Union Minister Hardeep Singh Puri
The brand new costs of petrol and diesel might be efficient from Friday, March fifteenth, beginning at 6:00 AM
The Heart slashed costs of petrol and diesel by Rs 2 per litre on Thursday, simply forward of the Lok Sabha election schedule announcement.
Asserting the information on social media platform X, the Ministry of Petroleum and Pure Fuel declared that the brand new costs could be efficient from March 15, on Friday, beginning at 6:00 AM.
“Oil Advertising Firms (OMCs) have knowledgeable that they’ve revised Petrol and Diesel Costs throughout the nation. New costs could be efficient from fifteenth March 2024, 06:00 AM. Discount in petrol and diesel costs will increase shopper spending and scale back working prices for over 58 lakh heavy items automobiles operating on diesel, 6 crore vehicles and 27 crore two-wheelers,” the ministry acknowledged.
Oil Advertising Firms (OMCs) have knowledgeable that they’ve revised Petrol and Diesel Costs throughout the nation. New costs could be efficient from fifteenth March 2024, 06:00 AM.Discount in petrol and diesel costs will increase shopper spending and scale back working prices for over… pic.twitter.com/FlUSdtg2Vi
— Ministry of Petroleum and Pure Fuel #MoPNG (@PetroleumMin) March 14, 2024
Commenting on the worth discount, Union Minister Hardeep Singh Puri lauded Prime Minister Narendra Modi’s management, stating that he has “as soon as once more proved that the welfare and comfort of his household of crores of Indians is at all times his purpose.”
“When the world was going by means of tough occasions – petrol costs elevated by 50-72 % in developed and growing nations and in lots of nations round us petrol was not out there, even then, within the fifty years after 1973, Regardless of the most important oil disaster, Modi’s household was not affected on account of his visionary and intuitive management. As a substitute of accelerating, petrol costs in India decreased by 4.65 % within the final two and a half years!,” Hardeep Singh Puri wrote in his X submit.
पेट्रोल और डीज़ल के दाम ₹2 रुपये कम करके देश के यशस्वी प्रधानमंत्री श्री @narendramodi जी ने एक बार फिर साबित कर दिया कि करोड़ों भारतीयों के अपने परिवार का हित और सुविधा सदैव उनका लक्ष्य है।वसुधा का नेता कौन हुआ?भूखण्ड-विजेता कौन हुआ?अतुलित यश क्रेता कौन हुआ?नव-धर्म… pic.twitter.com/vOh9QcY26C
— Hardeep Singh Puri (मोदी का परिवार) (@HardeepSPuri) March 14, 2024
Evaluating petrol and diesel costs in India with these in overseas nations, the Union Minister highlighted the numerous variations.
“On March 14, 2024, in rupee phrases, petrol in India is on common ₹ 94 per liter however in Italy ₹ 168.01- i.e. 79% extra; In France ₹ 166.87 i.e. 78% extra; In Germany ₹ 159.57 i.e. 70% extra and in Spain ₹ 145.13 i.e. 54% extra! And if we examine the costs of diesel, then if India’s common ₹ is 87 per liter then in Italy ₹ it’s 163.21 i.e. 88% extra; In France ₹ 161.57 i.e. 86% extra; In Germany ₹ 155.68 i.e. 79% extra and in Spain ₹ 138.07 i.e. 59% extra!,” Singh wrote.
On Thursday, Rajasthan Chief Minister Bhajan Lal Sharma additionally introduced a 2% discount within the VAT charge on petrol and diesel within the state, ranging from Friday. Sharma acknowledged that this VAT minimize would offer reduction starting from Rs 1.40 to Rs 5.30 on petrol and from Rs 1.34 to Rs 4.85 on diesel for consumers. Presently, the Rajasthan authorities imposes a VAT of 31.04% on petrol and 19.30% on diesel
