Budget 2025 Petrol-Diesel Price: If you are troubled by the rising prices of petrol and diesel, there might be some great news for you. The government may reduce the prices of petrol and diesel in Budget 2025. It is believed that the government is considering cutting excise duty, which could lead to a significant drop in fuel prices.

Before the 2025 budget, currently, in cities like Chennai, Mumbai, Bangalore, and Hyderabad, the price of 1 liter of petrol is selling for over 100 rupees. In some cities, diesel prices have exceeded 90 rupees per liter.

The prices of goods could also decrease. This will provide relief to the general public and reduce the cost for industries, benefiting the country’s economy.

CII’s Appeal to the Government The Confederation of Indian Industry (CII) has urged the government to reduce the excise duty to lower the prices of petrol and diesel. CII believes that this will reduce the production costs for industries and promote trade and investment in the country.

The direct impact of inflation

If the government cuts excise duties in the 2025 budget, it will be felt across the country. Transportation will become cheaper, leading to a reduction in the prices of grains, vegetables, and other essential goods. Additionally, businesses and industries will benefit, which will strengthen the economy.

What will the government’s decision be? So far, the government has not made any official announcement, but there is speculation that the government may reduce the prices of petrol and diesel to provide relief to the public. An announcement regarding this may be made in the 2025 budget.

Diesel prices from February:

New Delhi: ₹87.67 per litre
Kolkata: ₹91.82 per litre
Mumbai: ₹90.03 per litre
Chennai: ₹92.39 per litre
Bangalore: ₹88.99 per litre
Hyderabad: ₹95.70 per litre
Jaipur: ₹90.21 per litre