Petroleum Minister Hardeep Singh Puri recently hinted on his social media that there might be upcoming reductions in fuel prices, with petrol potentially decreasing by up to ₹5 per liter and diesel by ₹2 per liter. This news has generated considerable excitement as the last adjustment in fuel prices occurred in March, when they saw a modest cut of ₹2.

Meeting Dealer Demands

Puri highlighted that this reduction will also benefit fuel pump dealers, fulfilling their long-standing demand of over seven years for logistical improvements and support. This includes a major decision to streamline interstate fuel transportation, especially targeting consumers in remote locations. With Diwali on the horizon, the announcement has come as a festive boon for fuel dealers and over 83,000 petrol stations across India, positively impacting nearly a million employees.

 

Targeted Price Reductions in Multiple States

  • Odisha: Expected to see some of the largest reductions, with petrol prices in areas like Malkangiri anticipated to drop by ₹4.69 and diesel by ₹4.45 per liter.
  • Chhattisgarh: Cities like Sukma may benefit from a reduction of ₹2.09 in petrol and ₹2.02 in diesel.
  • Arunachal Pradesh: Major towns such as Tawang and Tuting could see petrol prices drop by ₹3.47 and diesel by ₹3.04.
  • Himachal Pradesh and Uttarakhand: Popular regions like Kaza and Badrinath may experience reductions of up to ₹3.59 for petrol and ₹3.13 for diesel.

 

This strategic reduction aims to extend improved and affordable fuel services to nearly 7 crore consumers nationwide.

 

Summary Table of Expected Price Reductions by Region

State City Petrol Price Cut (₹) Diesel Price Cut (₹)
Odisha Malkangiri 4.69 4.45
Chhattisgarh Sukma 2.09 2.02
Arunachal Pradesh Tawang 3.47 3.04
Himachal Pradesh Kaza 3.59 3.13
Uttarakhand Badrinath 3.83 3.27
Mizoram Various 2.73 2.38

As fuel prices continue to affect daily expenses, these upcoming reductions promise significant relief, particularly in remote and underserved areas.


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