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HomeLatest News & UpdatesHow much is the price of petrol and diesel increasing? Surprising news...

How much is the price of petrol and diesel increasing? Surprising news has come IV News

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How much is the price of petrol and diesel increasing? Surprising news has come

ISLAMABAD: While the people are already worried about rising prices, now there is big news regarding increase in petrol and diesel prices, according to which petrol can be up to Rs 46 and diesel up to Rs 84. OGRA summarizes the increase in prices. Sent to the government.

According to the details, petrol and diesel prices may go up by Rs 46 and Rs 84, respectively, as statements of government ministers have been coming out earlier in which it is being said that Imran Khan has illegally subsidized petrol and diesel. Sources said that in the summary, the government has been proposed to phase out the subsidy and increase the prices of petroleum products in stages.

According to sources, if all subsidies are abolished then petrol will have to be increased by Rs 45.15 per liter and by abolishing the entire subsidy petrol will be Rs 195. Thus, by abolishing the subsidy completely, diesel will be Rs 230 per liter, kerosene Rs 176 and light diesel Rs 186 31 per liter. Will reach

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Sources said that in the summary sent by OGRA, the government was informed about the increasing subsidy on petroleum products. Will go

Sources said that the subsidy on diesel is currently Rs 73.4 paise per liter, from May 16 the subsidy on diesel will reach Rs 85.85 paise, similarly the subsidy on kerosene is Rs 43.16 paise per liter, from May 16 on kerosene per liter. The subsidy will be Rs 50.44. Sources said that the current subsidy on light diesel oil is Rs 64.70 per liter. From May 16, the subsidy on light diesel will be Rs 68 per liter.

Sources said that devaluation of rupee is also a cause of increase in prices of petroleum products. The final decision on prices of petroleum products will be taken in consultation with the Prime Minister.

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