Government cites continuous loss as reason for diesel price hike - News Summed Up

Government cites continuous loss as reason for diesel price hike


On Wednesday, the ministry announced the new price of diesel and kerosene , raising it by Tk 15 to Tk 80 per litre. On Monday, the price of diesel in India was Rs 101.56 or Tk 124.41 – Tk 59.41 higher than the price in Bangladesh, according to the notice. In Friday’s statement, the ministry said BPC suffered the loss, especially on account of diesel, from the beginning of 2021 due to global market volatility. It also claimed diesel price is still lower in Bangladesh than those in the neighbouring countries. The statement said diesel price was lowered by Tk 3 per litre in the last adjustment in 2016.


Source: bd News24 November 06, 2021 01:32 UTC



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