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SEP 12 2018

West Bengal to cut petrol, diesel prices by Rs 1 per litre

  • Economic Times, ET Bureau / Hyderabad
  • Created: Wed 12th SEP 2018

 

A day after Andhra Pradesh chief minister N. Chandrababu Naidu reduced the prices of petrol and diesel by Rs 2 per litre, West Bengal chief minister Mamata Banerjee followed her southern counterpart by announcing to slash the prices of petrol and diesel by Rs 1 per litre.

 

The announcement comes after India witnessed a nationwide strike in the wake of growing petrol costs and weakening rupee. The prices continued to soar on Tuesday, as in Mumbai petrol and diesel have touched a new high of Rs 88.26 and Rs 77.47 per litre respectively.

 

Earlier today, petrol was being sold at Rs 80.87 and nd diesel at Rs 72.97 per litre in the national capital of Delhi. Both the petro products saw a hike of 14 paise in the capital.

 

Fuel prices have been hitting record highs due to the falling rupee and high global crude prices. Mamata Banerjee also alleged that the BJP-led central government hiked excise duty nine times, even when the global crude prices were falling.

Tags

Delhi West Bengal Andhra Pradesh Diesel Petrol Excise Duty Mumbai India

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