Uttarakhand slashes petrol prices by Rs 7 per liter

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Welcoming Centre’s decision to reduce excise duty on petrol by Rs 5, Uttarakhand Chief Minister Pushkar Singh Dhami on Wednesday announced a reduction in VAT on petrol by Rs 2 per liter in the state.

With this, petrol prices in Uttarakhand stand at Rs 99.41 on Thursday.

Taking to Twitter, the CM shared a video wherein he thanked Prime Minister Narendra Modi for the Centre’s decision and said, “Petrol will be Rs 7 cheaper in Uttarakhand. On the decision of the Central Government to reduce the excise duty on petrol and diesel by Rs 5 and Rs 10 respectively, I thank Prime Minister Narendra Modi Ji on behalf of all the people of the state.”

“The Uttarakhand government has also decided to give an additional relief of Rs 2 per liter on petrol,” he added.

Apart from Uttarakhand, state governments of Karnataka, Goa, Assam, and Tripura have also reduced the prices of petrol and diesel by Rs 7 per liter in their states.

In a significant decision, the Centre on Wednesday reduced excise duty on petrol and diesel to bring down the prices of the two petroleum products which had been seeing an upward trend.

The relief to consumers came on the eve of Diwali. The Finance Ministry said that excise duty on petrol will come down by Rs 5 and that on diesel by Rs 10 and it will be effective from Thursday.

It urged the states to commensurately reduce VAT on petrol and diesel to give relief to consumers.

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