scorecardresearch
Friday, March 29, 2024
Support Our Journalism
HomeIndiaMaharashtra reduces petrol, diesel prices by Rs 5 and Rs 3 respectively

Maharashtra reduces petrol, diesel prices by Rs 5 and Rs 3 respectively

Deputy Chief Minister Devendra Fadnavis applauded the new government’s move as a 'great relief' to citizens.

Follow Us :
Text Size:

New Delhi: Maharashtra Chief Minister Eknath Shinde announced Thursday that his government would reduce value added tax (VAT) on fuel, bringing down petrol and diesel prices by Rs 5 and Rs 3 per litre respectively.

Deputy Chief Minister Devendra Fadnavis lauded the move as a “great relief to Maharashtrian (sic) and Marathi Manus”.

Fadnavis also said this was a step towards the appeal made by Prime Minister Narendra Modi to “benefit common citizens”.

While announcing the decision, Chief Minister Shinde said the cut would cost the state exchequer Rs 6,000 crore but would help bring down inflation.

The decision was taken in a Cabinet meeting held Thursday – the second after the new government was sworn in two weeks ago.

Capital Mumbai, which has among the highest fuel prices in the country, will now get to buy petrol for Rs 106.35 per litre and diesel Rs 94.28 per litre.


Also read: Modi govt gives major push to free trade pacts as exports, job creation become critical


 

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular