Diesel prices in Delhi cut by Rs 8.36, to now cost Rs 73.64: Arvind Kejriwal
NEW DELHI: The Delhi government has decided to reduce VAT (value-added tax) on diesel from 30 per cent to 16.75 per cent, chief minister Arvind Kejriwal announced on Thursday after a Cabinet meeting. “This will reduce price of diesel in Delhi from Rs 82 to Rs 73.64, i.e. by Rs 8.36 per litre,” he added.
He further stated that there was a serious challenge of reviving the economy of Delhi but it will be achieved together with cooperation of people.
Delhi Cabinet has decided to reduce VAT on diesel from 30% to 16.75%. This will reduce price if diesel in Delhi fro… https://t.co/NIxmbt10cE
— Arvind Kejriwal (@ArvindKejriwal) 1596090534000
With global oil market stable for the past few days, consumers in India have been spared of a price rise of auto fuels for the fourth consecutive day.
Oil companies kept petrol and diesel prices unchanged taking global cues where benchmark crude oil prices have remained static around $43 a barrel for the past few days now.
