Petrol Price Cut by ₹5 Per Litre, Diesel Price By ₹3 Per Litre In Maharashtra
Mumbai: Maharashtra Chief Minister Eknath Shinde on Thursday announced that the price of petrol and diesel in the state will be reduced by ₹5 per litre and ₹3 per litre respectively.
Deputy Chief Minister Devendra Fadnavis, while welcoming the decision, tweeted: Great relief to Maharashtrian & Marathi Manus ! Happy to announce that the new Government under CM Eknathrao Shinde has decided to reduce Petrol & Diesel prices by ₹5/litre & ₹3/litre respectively. This is our step towards the appeal made by Hon PM Narendra Modi Ji for the benefit of common citizens. The state will carry a burden of ₹6000 crores for this decision.”
https://twitter.com/Dev_Fadnavis/status/1547488231570419712?s=20&t=kBZpdlqv5WsHx4eCPFLfxA
This comes days after the CM had tweeted about similar plans.
“A decision to reduce VAT on fuel will be taken soon to provide relief to the people,” he had said in a tweet in Marathi on Monday.
At present, the price of petrol in Mumbai is Rs 111.35 per litre, while the price of diesel is Rs 97.28. In May, Finance Minister Nirmala Sitharaman reduced the excise duty on petrol by Rs 8 per litre and on diesel by Rs 6.
In India, the price of petrol and diesel varies from state to state based on freight charges and local taxes (VAT). In addition, the central government levies excise duty on the two motor fuels.
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