Govt mulling to charge premium on petrol, diesel prices over BS-VI switchover2 min read . Updated: 22 Dec 2019, 01:58 PM IST
- If this proposal is accepted by the government, retail prices of petrol and diesel would come at a premium of about ₹0.80 a litre and ₹1.50 a litre, respectively for the next five years
- Global oil market has largely remained flat for past several months due to slower demand
New Delhi: Consumers may feel the pinch of higher fuel prices in coming months as the government is considering a proposal to allow oil marketing companies charge a premium on retail prices of petrol and diesel to recover their investment in producing less polluting fuel.
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