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.