JP1 could be enhanced by Rs10.55 whereas the cost of JP4 could be raised by Rs9.45, similarly the price of JP8 could be increased by Rs11.65.
The price of premium motor oil may also be increased by Rs11.5 while the cost of HOBC may be increased by Rs12. The new prices would be announced on 31st March which would be implemented on 1 April. It merits mentioning that in February Ogra had raised the petroleum prices with increase of Rs6.10 per liter in petrol price, Rs7.41 per liter in HOBC, Rs2.97 per liter in light diesel and Rs3.32 per liter in kerosene oil prices.
However upon pressure from opposition parties Prime Minister had reduced the prices by 50 per cent.