Modi the Prime Minister of India pat his back and wanted to create sensation giving reduction in the petrol and diesel price, in fact it not achievement of Government but boon of crude oil price which reduce in international market. Modi’s achievement proved to be nil if we will look at the reduction of our neighbor Pakistan Government who reduces the price of petroleum products by 11% roughly reduces Rs. 12 to 14 per liter. Please look at the news report of Dawn news paper.
ISLAMABAD: The government reduced on Friday the prices of petroleum products by up to 11 per cent in view of declining oil prices in international market.
This is the single largest reduction in prices of petroleum products in about 10 years. The crude prices in international market have fallen below $86 per barrel during October from $98 per barrel at the end of September and $104 per barrel in August.
But the reduction in the prices was partially offset by an increase in the rates of margins for oil marketing companies and commissions of petroleum dealers and depreciation of rupee against dollar, an official said.
In accordance with the decision, the ex-depot price of petrol will be Rs94.19 per litre after Rs9.43 (9.1pc) reduction and that of high speed diesel Rs101.21 per litre after Rs6.18 (5.68pc) cut.
The price of HOBC has been reduced by Rs14.68 (11.2pc) to Rs116.45 per litre and those of light diesel oil by Rs8.04 (8.8pc) to Rs83.42 and kerosene oil, used by households in remote areas for cooking, by Rs8.16 (8.52pc) to Rs87.52 per litre.
The rates were revised after increasing margins for oil marketing companies on petrol by 12 paisa to Rs2.35 from Rs2.23 (5.4pc).
The OMC margin on high speed diesel (HSD) has been jacked up by 49 paisa (26pc) to Rs2.35 from Rs1.86 per litre.
For petroleum dealers, the sale commission has been increased by 30 paisa on both diesel and petrol. As a consequence, the dealer commission has been increased from Rs2.78 per litre to Rs3.08 on petrol (11pc).
Likewise, the dealer commission on diesel has been increased from Rs2.30 to Rs2.60 (13pc).
Before Union election cadre of Sanghi people spread false information on social network site Face book, wherein it was mentioned patrol price in PAK is Rs. 35. In that photo the wrong information of petrol price was given including the countries like China, Pak, Nepal and Bangladesh. I inquired about the price of petrol in PAK with my followers in PAK, raised objection and tried to bring fact in front of the public, in Pak petrol price is beyond Rs. 100 and this information is misleading public and not correct.
The reduction of petrol price is not the achievement of Modi government, as media is projecting it “start of good days” but result of reduction of price internationally, now this time Media is playing in the hands of Saffron Government, same as before election false information given by Sanghi people just to mislead the public.
Zuber Ahmed KhanJournalist