Govt approves Rs1.34/litre dealers’ margin hike on petrol, Diesel
The government has approved an increase in Dealers' Margin on petroleum products, i.e., Motor Spirit (MS) and High-Speed Diesel (HSD), by Rs1.34 per litre, based on the annual National CPI for 2023-24 and 2024-25, with a floor of 5% and a ceiling of
August 21, 2026 (MLN): The government has approved an increase in Dealers' Margin on petroleum products, i.e., Motor Spirit (MS) and High-Speed Diesel (HSD), by Rs1.34 per litre, based on the annual National CPI for 2023-24 and 2024-25, with a floor of 5% and a ceiling of 10%. The decision removes the earlier pre-condition requiring achievement of a digitization target, which had been placed by the Economic Co...