GUWAHATI: The prices of petrol and diesel have been reduced by ₹1.88 to ₹1.90 respectively.
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Earlier the price of petrol was ₹102.63 which has now been reduced to ₹100.75, whereas the price of diesel which earlier was ₹94.24 has been reduced to ₹92.34.
This was announced by the Ministry of Petroleum and Natural Gases in a post on X.
"Oil Marketing Companies (OMCs) have informed that they have revised Petrol and Diesel Prices across the country. New prices would be effective from 15th March 2024, 06:00 AM.
Reduction in petrol and diesel prices will boost consumer spending and reduce operating costs for over 58 lakh heavy goods vehicles running on diesel, 6 crore cars and 27 crore two-wheelers.
Reduced petrol & diesel prices will benefit the citizens through:
● More disposable income.
● Boost for tourism and travel industries.
● Control over inflation.
● Increased consumer confidence and spending.
● Reduced expenses for businesses dependent on transportation.
● Enhanced profitability for logistics, manufacturing, and retail sectors.
● Reduced outgo for Farmers on tractor operations & pump sets." the tweet read.