Delhi: Oil Marketing Companies (OMCs) have informed that they have revised Petrol and Diesel Prices across the country. New prices would be effective from 15th March 2024, 06:00 AM. Reduction in petrol and diesel prices will boost consumer spending and reduce operating costs for over 58 lakh heavy goods vehicles running on diesel, 6 crore cars and 27 crore two-wheelers.
Reduced petrol & diesel prices will benefit the citizens through:
- More disposable income.
- Boost for tourism and travel industries.
- Control over inflation.
- Increased consumer confidence and spending.
- Reduced expenses for businesses dependent on transportation.
- Enhanced profitability for logistics, manufacturing, and retail sectors.
- Reduced outgo for Farmers on tractor operations & pump sets.