India

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.”

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.

Kavya Bhatt

Recent Posts

PM Modi Announces Sending Lord Buddha’s Relics To Thailand

PM Modi announced that India will send relics of Lord Buddha, discovered in Gujarat’s Aravalli…

3 hours ago

PM Modi Shares Highlights From Bangkok: A Vibrant Welcome, Community Connect, & The Ramayan!

Prime Minister Narendra Modi highlighted the deep cultural ties between India and Thailand during his…

4 hours ago

Judicial Strength At Risk, Says Delhi HC Bar Association On Justice Singh’s Transfer

The Delhi High Court Bar Association has raised concerns over Justice Chandra Dhari Singh’s transfer…

4 hours ago

PM Modi: Thailand Key To India’s ‘Act East’ Policy & Indo-Pacific Vision

Prime Minister Narendra Modi, during his visit to Bangkok, highlighted Thailand's strategic importance in India's…

4 hours ago

Thailand Releases Commemorative Stamp Showcasing 18th-Century Ramayan Murals During PM Modi’s Visit

Thailand unveiled a commemorative stamp featuring 18th-century Ramayan mural paintings, marking the first day of…

5 hours ago

Centuries-Old Bonds Strengthen As India-Thailand Deepen Partnership: PM Modi

PM Modi and Thai PM Paetongtarn Shinawatra elevate India-Thailand ties to a strategic partnership in…

5 hours ago