Petrol, diesel prices slashed by Rs 2

The main federal government has actually lowered the rate of gas and diesel by 2 rupees. The brand-new costs will end up being efficient from 15 March at 6 am, stated the Ministry of Petroleum and Natural Gas.

After the modification of the fuel costs, these will be brand-new rates throughout the significant cities

• In Delhi, the cost will be lowered from Rs 96.72 to Rs 94.72
• In Mumbai, the rates will go from Rs 106.31 to Rs 104.21
• In Kolkata, the rate of fuel will be minimized from Rs 106.3 to 103.94
• In Chennai, the rate of gas will decrease from Rs 102.63 to 100.75

Here are the brand-new diesel rates:

• In Delhi, the cost of diesel will be decreased from Rs 89.62 to Rs 87.62
• In Mumbai, the cost of diesel will be lowered from Rs 94.27 to Rs 92.15
• In Kolkata, the rate of diesel will be lowered from Rs 92.76 to 90.76
• In Chennai, the cost of diesel will be minimized from Rs 94.24 to 92.34

The Petroleum Ministry stated the decrease in fuel and diesel costs will improve customer costs. It will likewise decrease running expenses for over 58 lakh heavy items automobiles operating on diesel, 6 crore automobiles and 27 crore two-wheelers, stated the ministry.

The decrease in the rate of gas and diesel comes ahead of the upcoming Lok Sabha elections.

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri hailed Prime Minister Narendra Modi for the decrease in the rates of gas and diesel and stated the fuel rates in India are much less compared to other nations.

He compared the fuel rates in India to the rates in Italy, France, Germany and Spain, where the quantities were 50 to 79 percent more.