Government Cuts Petrol and Diesel Prices by Rs 2 per Litre Prior to LS Polls

Before the announcement of the Lok Sabha election schedule, the Central government took a significant step by lowering the prices of petrol and diesel by Rs 2 per litre.

Speculation had been mounting due to recent reductions in liquefied petroleum gas (LPG) and compressed natural gas (CNG) prices, hinting at a possible decrease in petrol and diesel prices, especially with the impending Lok Sabha polls.

Petroleum Minister Hardeep Singh Puri announces on X

In a statement shared on social media platform X, Petroleum Minister Hardeep Singh Puri expressed, “With the Rs 2 reduction in petrol and diesel prices, Prime Minister Narendra Modi has once again underscored his commitment to the welfare and convenience of millions of Indians.”

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… https://t.co/WFqoTFnntd pic.twitter.com/vOh9QcY26C

— Hardeep Singh Puri (मोदी का परिवार) (@HardeepSPuri) March 14, 2024

Earlier, on International Women’s Day, Prime Minister Narendra Modi announced a notable cut of Rs 100 per cylinder in cooking gas prices, benefiting nearly 33 crore households reliant on liquefied petroleum gas (LPG) for cooking.

Also read: Donors Revealed: PVR, Bajaj Auto, Vedanta, Sun Pharma, and More in SBI Electoral Bond Data Release by EC

Just last week, Hardeep Puri had emphasized the necessity for public sector oil marketing companies (OMCs) to carefully consider any decision to reduce retail prices of petrol and diesel. This contemplation was warranted due to the intricate dynamics of the global energy market, geopolitical tensions, and the financial stability of these companies.