Cut in POL prices insufficient: PTI

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Opposition leader in the Punjab Assembly Mehmood-ur-Rasheed on Monday submitted a resolution at the assembly secretariat against what it termed an insufficient cut in the prices of petroleum products.

The resolution stated that a reduction of mere Rs 5 is a big joke with the nation, adding the government itself is earning of Rs40 to 45 per litre. The PTI leader demanded in the resolution that the price of petroleum products be brought down by Rs40 to 45.

Earlier, the federal government brought down the prices of petroleum products by Rs5. The new prices became effective February 1.