Maha cuts petrol rate by Rs 5/litre, diesel Rs 3/litre

In a relief, the Maharashtra government has slashed VAT on petrol and diesel by Rs 5 per litre and Rs 3 per litre respectively, Chief Minister Eknath Shnde announced here on Thursday.

Maha cuts petrol rate by Rs 5/litre, diesel Rs 3/litre
Source: IANS

Mumbai, July 14 (IANS) In a relief, the Maharashtra government has slashed VAT on petrol and diesel by Rs 5 per litre and Rs 3 per litre respectively, Chief Minister Eknath Shnde announced here on Thursday.

 
 This would entail a burden of Rs 6,000 crore on the state exchequer but will lead to reducing the inflation, Shinde said, after a cabinet meeting.
 
 Deputy Chief Minister Devendra Fadnavis said the move to cut petrol-diesel rates was in tune with the new government's commitment to public welfare and would directly benefit the masses.
 
 Shinde added that after the reduction in the petrol-diesel prices by the Centre a few months ago, some state governments had extended similar reliefs, and now it has been given even in Maharashtra.
 
 --IANS
 qn/dpb
 
 
 


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2022-07-14-14:12:02