Apr 08, 2022 (News Box) Petroleum Division has recommended to increase the price of petroleum products by Rs. 35 per liter. Petroleum Divi...
Apr 08, 2022
(News Box) Petroleum Division has recommended to increase the price of petroleum products by Rs. 35 per liter. Petroleum Division has sent summary to the Cabinet on emergency basis in view of shortage of petroleum products.
According to the details, the Petroleum Division has recommended to increase the price of petroleum products by Rs. 35 per liter.
Petrol should be increased immediately to Rs 27, high speed diesel to Rs 35 per liter. If prices of petroleum products are not increased immediately, there will be severe shortage in the country.
Subsidies will have to be given, Petroleum Division said that GST and petroleum levy on petroleum products should be maintained at zero level.
Had announced no price hike till June 30. It has been recommended to increase the prices as there is no scope for huge subsidy in the national exchequer.
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