National

Jharkhand To Witness Cut Of Rs 25 In Petrol & Diesel Prices

Jharkhand

Ranchi: Jharkhand Chief Minister Hemant Soren has announced a deduction on Rs. 25 per litre in petrol & diesel prices from January 26, 2022, to motorcycles and scooter riders. He states that the price hike has been affecting the middle-class the most and hence government plans this relief for them. 

“The price of petrol and diesel is increasing continuously, due to which the poor and middle-class people are the most affected. Therefore the government will give a relief of Rs 25 per litre on petrol for two-wheelers from the state level, its benefit will start from January 26, 2022,” Hemant Soren tweeted.

He made the announcement as he completed two years in the government.

Petrol’s price in New Delhi stands at Rs 95.41 per litre, while the diesel remained unchanged at Rs 86.67 per litre. Recently, Delhi government reduced the VAT on petrol from 30 to 19.4 percent from December 1 midnight, cutting the price by around Rs 8 per litre in the city.

In Mumbai, the November 4 decline had taken the price of petrol to Rs 109.98 a litre which remained unchanged on the day. Diesel price also stayed put at Rs 94.14 per litre.

In Kolkata, petrol and diesel prices remained at Rs 104.67 per litre and Rs 89.79 per litre, respectively. Chennai retailed a litre of petrol at the same price of Rs 101.40. Diesel price also remained unchanged at Rs 91.43 per litre.

Earlier on November 3, 2021, the central government had cut the duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre. Following this, many states and union territories cut local sales tax or value-added tax (VAT) to give further relief to consumers.

Following the decision, several states, mostly ruled by the National Democratic Alliance and allies, have also cut the Value Added Tax (VAT) on both key auto fuels.

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