Petrol now will cost Rs179 per litre and diesel Rs163 per litre. The decision comes into effect from Saturday midnight that cost gasoline products will reduce.
The government has decided to slash and reduce the prices of petroleum products.
Commerce and Supplies Minister Dilendra Prasad Badu said at a press conference on Saturday afternoon that the government has reduced prices of the petroleum products.
The price of petrol has reduced by Rs20 per litre. Similarly, the price of diesel has reduced by Rs29 per litre.
As per the new decision, petrol now will cost Rs 179 per litre and diesel will cost Rs163 per litre. The new decision will come into effect from Saturday midnight.
The move follows instructions from the House committee on Friday and a meeting of the coalition partners on Saturday. And to revise the prices of petroleum products, saying inflation was taking a toll on the general public.
They instructed government to slash various taxes imposed on petroleum products.
