Maharashtra announces additional cut of Rs. 2.5/liter on fuel prices
The Maharashtra government today announced a reduction in prices of petrol and diesel by Rs. 2.50 per liter, which will give consumers in the state a relief to the tune of Rs. 5 a liter. The announcement was made by Chief Minister Devendra Fadnavis soon after the Central Government announced cut in the prices of petrol and diesel by Rs. 2.50 per liter.
Fadnavis thanked Modi, Jaitley for reducing fuel prices
Earlier, Jaitley announced cut in fuel prices by Rs. 2.50/liter
Earlier, Union Finance Minister Arun Jaitley announced in New Delhi a cut in petrol and diesel prices by Rs. 2.50 per liter, factoring in excise duty reduction of Rs. 1.50 per liter. He asked the State Governments to follow suit by cutting a sales tax or VAT by a similar amount. The reduction followed petrol and diesel prices touching new highs.
Maharashtra always reduces prices in accordance with Center: Minister
Meanwhile, Maharashtra MoS (Finance) Deepak Kesarkar said historically, the west-central state has always been reducing prices of fuel in accordance with Center. "The government has always remained positive on the issue of reducing fuel prices. We're happy to reduce prices of fuel," he said.