The government has announced a significant increase in the prices of petroleum products, which will be effective from 1st July. This price hike will impact consumers over the next 15 days. Here are the key details:
Petrol Price Hike
- New Price: 265.61 rupees per liter
- Increase: 7.45 rupees per liter
Diesel Price Hike
- New Price: 277.45 rupees per liter
- Increase: 9.56 rupees per liter
Light Diesel Price Hike
- New Price: Not specified
- Increase: 9.88 rupees per liter
Kerosene Oil Price Hike
- New Price: Not specified
- Increase: 10.05 rupees per liter
Approval and Notification
The increase in petroleum prices has been approved by the Prime Minister. Following this approval, the Ministry of Finance has issued an official notification to implement the new prices.
Impact on Consumers
This hike in petroleum prices is expected to affect daily commuters, transporters, and businesses that rely heavily on fuel. Consumers are advised to prepare for the increased costs associated with these price adjustments.
Stay informed about further updates on petroleum product prices and their impact on the economy. This significant increase in fuel prices highlights the ongoing changes in the petroleum sector and its effects on the daily lives of citizens.
