Indians can soon expect relief in terms of lower petrol and diesel prices, Oil Minister Dharmendra Pradhan said. Fuel prices have started coming down and will continue to fall, Pradhan claimed.
Pradhan said that the recent hurricanes in the United States had affected the prices of petrol and diesel in India. The prices are now stable and will fall, Pradhan said.
According to records maintained by the Petroleum Planning & Analysis Cell, operated by the Oil Ministry, prices have fall by 10 paisa between
September 21-September 23 (today).
On September 21, prices were at the highest since daily revision of rates was introduced across India. Prices today in Delhi, Mumbai, Chennai and Kolkata are Rs 70.42, Rs 79.53, Rs 73 and Rs 73.16, respectively, all 10 paisa less than what the prices were on September 21
Pradhan said that a balanced model that ensures that the government gets revenue and that citizens aren't burdened is the need of the hour. The GST Council is working on building this model, Pradhan said.