×
Saturday, May 18, 2024

A More Affordable Variant of Petrol May be Launched in Pakistan Soon - ProPakistani

Last updated Monday, December 12, 2022 10:05 ET

During last week’s meeting of the Planning Commission, the topic of discussion was the introduction of a special fuel for motorcycles that would be affordable for low-income and lower-middle-class motorcycle users.
The issue of introducing a special fuel for motorcycles has been under consideration by policymakers for several years. However, with the recent increase in petrol prices due to the depreciation of the rupee, the issue has become even more urgent and important.
Pakistan is often viewed as an elitist state, and this is reflected in the petrol supply chain, which is geared towards higher-income car owners even though motorcycles account for 40-50% of petrol consumption. While it is true that petrol markets worldwide tend to prioritize cars, as they are the major consumer category in most advanced countries, it is important to consider the needs of motorcycle users in Pakistan as well.
In developing countries like Pakistan, motorcycles are a major consumer category. While it is not suggested that the petrol market should ignore cars, it is important to consider the needs and budgets of motorcycle users as well.
If the market were unregulated, it is likely that the issue of providing affordable fuel for motorcycles would have already been addressed. However, if the oil industry is not responsive to the needs of half of the petrol market, politicians may need to intervene in order to address the situation in the current climate of intense political competition.
The...



Read Full Story: https://news.google.com/__i/rss/rd/articles/CBMiaGh0dHBzOi8vcHJvcGFraXN0YW5pLnBrLzIwMjIvMTIvMTIvYS1tb3JlLWFmZm9yZGFibGUtdmFyaWFudC1vZi1wZXRyb2wtbWF5LWJlLWxhdW5jaGVkLWluLXBha2lzdGFuLXNvb24v0gFsaHR0cHM6Ly9wcm9wYWtpc3RhbmkucGsvMjAyMi8xMi8xMi9hLW1vcmUtYWZmb3JkYWJsZS12YXJpYW50LW9mLXBldHJvbC1tYXktYmUtbGF1bmNoZWQtaW4tcGFraXN0YW4tc29vbi9hbXAv?oc=5

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.