The HD Kumaraswamy government in Karnataka on Monday announced that the petrol and diesel prices will be reduced by ₹2. The state has now joined three other states; Rajasthan, Andhra Pradesh and West Bengal which have already reduced petrol prices.
Petrol prices have been sky-rocketing across the whole country in the last few days. The fuel prices crossed ₹90 in 11 towns of Maharastra whereas it is least in Andaman and Nicobar.
“Everyday fuel prices are increasing, people of Karnataka felt that the state government can reduce the prices of fuel by reducing the taxes, I want to announce from Kalburgi that the coalition government has decided to cut down the taxes for petrol and diesel minimum by Rs.2. I hope this step taken by our coalition government will give some relief to the people of Karnataka,” said HD Kumarasamy, who was on a tour to Kalaburagi.
Rajasthan was the first state to announce cut on taxes levied on petrol and diesel followed by Andhra Pradesh and West Bengal.
The central government had been under pressure by the national strike led by Congress to protest against rising fuel prices owing to weakening Indian rupee.