New Delhi, July 01: Days before the general budget, the government today hiked petrol and diesel prices by Rs four and Rs 2 per litre, respectively, with effect from midnight tonight.
It, however, decided against decontrol of petrol and diesel prices, while leaving LPG and Kerosene prices unchanged.
Provisions would be made in the budget, to be presented on July six, to cover the loss on account of LPG and kerosene, Petroleum Minister Murli Deora said.
The decision to increase the price was taken after Deora met Prime Minister Manmohan Singh today.
New Petrol and Diesel price in Metros:
Delhi: Rs 44.62, Rs 32.86
Mumbai: Rs 48.55, Rs 36.45
Kolkata: Rs 48.05, Rs 35.21
Chennai: Rs 48.24, Rs 34.86
–Agencies