Centre cuts excise duty for petrol, diesel. See how states are responding

Late Saturday night union finance minister Nirmala Sitharaman made announced the excise cut and a ₹200 subsidy for those buying LPG cylinders under the Ujjwala Yojana scheme. She said revised fuel prices would ‘give relief to the common man’ in the face of rising prices of petrol and diesel, as well as cooking oil, food grains, vegetables, and other essential goods. The news was welcomed by prime minister Narendra Modi – who said ‘it is people first’ for his government – but received with skepticism by some others.

States’ response to petrol, diesel excise cuts:

Maharashtra on Sunday announced a reduction in VAT on petrol and diesel by ₹2.08 per litre and ₹1.44 per lite. This reduction will be implemented with immediate effect, said a statement from the Uddhav Thackeray government.