The government has announced an increase in the price of petrol by Rs. 3.73 per litre. The new price for petrol now stands at Rs. 252.10 per litre, effective from today. This hike is expected to affect transportation costs, leading to a rise in the prices of goods and services nationwide.
The increase in petrol prices comes as part of the government’s regular adjustments to align domestic fuel prices with international market trends. The decision has sparked concerns among the public, especially as inflationary pressures continue to challenge households.
Transport unions have warned of a possible fare hike in response to the price increase, which could further strain daily commuters. The government has not yet indicated any measures to mitigate the impact on low-income groups.
