The common people have got a big relief from the skyrocketing prices of petrol and diesel. A day before Diwali, the central government has decided to give a big relief in the prices of petrol and diesel.
The government has announced a reduction of Rs 5 in excise duty on petrol and Rs 10 on diesel. The new prices will be applicable from tomorrow, the day of Diwali. Let us tell you that the prices of petrol and diesel are at an all-time high.
price not increased today
Today, on the day of Choti Diwali, common people have got relief. There is no increase in the prices of petrol and diesel on the third day of the week. Diesel has crossed Rs 110 and petrol 121 in many cities.
Petrol in Delhi has crossed Rs 110 per liter. At the same time, diesel is being sold at Rs 98.42 per liter. The last time the prices were reduced on September 5, then petrol and diesel became cheaper by 15 paise in many cities of the country.
Petrol became costlier by Rs 8.85 in 28 days
While petrol became costlier by 20 paise on September 28, diesel also became costlier by 25 paise per liter. Actually, petrol prices started increasing from the last days of September, which continued till Tuesday. If we look at the prices of petrol, it has become expensive by Rs 8.85 per liter in 28 days.
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Due to the increase in the price of crude oil internationally, the price of petrol and diesel in the country has reached a record level.
Center appeals to states to reduce VAT
According to sources, after the reduction in excise duty, the central government has appealed to the states to reduce VAT on petrol and diesel, so that people can get rid of inflation. Various state governments charge VAT ranging from 20 to 35%.
According to the central government, farmers will benefit the most from the reduction in excise duty on diesel, because the sowing of the Rabi crop is going to happen soon. The biggest benefit of this cut is going to be given to the farmers.
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