Now, get ready to get fuel home delivered
Now, the government is mulling a plan for home delivery of petroleum products. It has also said if, consumers make a pre-booking, the oil ministry will provide the services.
“Options being explored where petro products may be door delivered to consumers on pre booking” @dpradhanbjp (1/2)— Petroleum Ministry (@PetroleumMin) April 21, 2017
“This would help consumers avoid spending excessive time and long queues at fuel stations” @dpradhanbjp (2/2)— Petroleum Ministry (@PetroleumMin) April 21, 2017
Additionally, come May 1, you will have to pay new price for petrol and diesel every day in sync with international rates, much like what happens in most advanced markets.
To begin with, daily revision of fuel prices will be implemented in Puducherry, Vizag, Udaipur, Jamshedpur and Chandigarh.
State fuel retailers currently revise rates on 1st and 16th of every month based on average international price of the fuel in the preceding fortnight and currency exchange rate.
Instead of using fortnightly average, pump rates will reflect daily movement in international oil prices and rupee- US dollar fluctuations.