The Chief Minister Eknath Shinde led Maharashtra government has decided to reduce the price of petrol by Rs 5 and that of diesel by Rs 3. Moreover, the CM announced a reduction in value added tax (VAT) on the commodities respectively.
This reduction in VAT will force the state to carry a burden of RS 6000 crore. Announcing the slash, Deputy CM Devendra Fadnavis tweeted, “Great relief to Maharashtrian & Marathi Manus ! Happy to announce that new Government under CM Eknathrao Shinde has decided to reduce Petrol & Diesel prices by ₹5/litre & ₹3/litre respectively.”
Great relief to Maharashtrian & Marathi Manus !
Happy to announce that new Government under CM Eknathrao Shinde has decided to reduce Petrol & Diesel prices by ₹5/litre & ₹3/litre respectively.#CabinetDecision #PetrolDieselPrice #Maharashtra— Devendra Fadnavis (@Dev_Fadnavis) July 14, 2022
Hardeep Singh Puri, Minister of Petroleum and Natural Gas & Minister of Housing and Urban Affairs celebrated the decision. Urging the opposition states to follow the state of Maharashtra in order to provide relief to the people amidst growing inflation.
A welcome decision!
In a big relief to consumers of #Maharashtra #PetrolPrice reduced by ₹5/ltr & #diesel by ₹3/ltr. This in addition to excise duty cut by centre in Nov & May to protect our people from rising prices. Hope opposition states also bring down #PetrolDieselPrices— Hardeep Singh Puri (@HardeepSPuri) July 14, 2022