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Fuel price relief possible by August or September if global prices remain stable: Bimal (opens original article in a new tab)

TL;DR

The government may pass on lower global fuel prices to the public by August or September if international prices remain stable, with existing subsidies for diesel and petrol.

  • Government may pass on lower global fuel prices to public by August or September if prices stay stable.
  • Minister stated government subsidizes diesel by Rs. 100 per litre and petrol by Rs. 20 per litre.
  • Fuel procurement requires proper tender procedures at pre-agreed prices.

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