A day after nationwide shutdown over the unchecked rise in fuel prices, the West Bengal government on Tuesday slashed the fuel rates by Re 1 a litre.
A day after nationwide shutdown over the unchecked rise in fuel prices, the West Bengal government on Tuesday slashed the fuel rates by Re 1 a litre. The new prices of petrol and diesel will be implemented from Wednesday. The decision was announced by Chief Minister Mamata Banerjee.
West Bengal joins Andhra Pradesh and Rajasthan in reducing the fuel prices to provide relief to people from the continuous surge in prices. Petrol is retailing at Rs 83.75 a litre in Kolkata, while diesel is at Rs 75.82 per litre.
Earlier, the Andhra Pradesh government on Monday announced cutting down prices of petrol and diesel by Rs 2 a litre. “Common man is suffering a lot due to the increasing prices of fuel. To ease the burden a bit we are reducing the price on petrol and diesel by Rs 2 per litre. The state will lose revenue of Rs 1,120 crores due to this reduction in price and in spite of the financial difficulties the state is in, we are willing to bear it,” CM Chandrababu Naidu said.
In the poll-bound state of Rajasthan, Chief Minister Vasundhara Raje slashed VAT on fuel by 4 per cent bringing down petrol and diesel rates by Rs 2.5 a litre. The move is going to cost the exchequer Rs 2,000 crore. Fuel prices across the country have been on a continuous rise crossing Rs 80 mark in Delhi days ago.
Petrol prices on Tuesday breached the psychological barrier of Rs 90 and touched Rs 90.11 in Maharashtra’s Parbhani – a new record in India, an official said. Parbhani District Petrol Dealers Association (PDPDA) President Sanjay Deshmukh told IANS that diesel prices also increased from Rs 77.92 to Rs 78.06 on Tuesday.
West Bengal joins Andhra Pradesh and Rajasthan in reducing the fuel prices to provide relief to people from the continuous surge in prices. Petrol is retailing at Rs 83.75 a litre in Kolkata, while diesel is at Rs 75.82 per litre.
Earlier, the Andhra Pradesh government on Monday announced cutting down prices of petrol and diesel by Rs 2 a litre. “Common man is suffering a lot due to the increasing prices of fuel. To ease the burden a bit we are reducing the price on petrol and diesel by Rs 2 per litre. The state will lose revenue of Rs 1,120 crores due to this reduction in price and in spite of the financial difficulties the state is in, we are willing to bear it,” CM Chandrababu Naidu said.
In the poll-bound state of Rajasthan, Chief Minister Vasundhara Raje slashed VAT on fuel by 4 per cent bringing down petrol and diesel rates by Rs 2.5 a litre. The move is going to cost the exchequer Rs 2,000 crore. Fuel prices across the country have been on a continuous rise crossing Rs 80 mark in Delhi days ago.
Petrol prices on Tuesday breached the psychological barrier of Rs 90 and touched Rs 90.11 in Maharashtra’s Parbhani – a new record in India, an official said. Parbhani District Petrol Dealers Association (PDPDA) President Sanjay Deshmukh told IANS that diesel prices also increased from Rs 77.92 to Rs 78.06 on Tuesday.