Updated: September 10, 2018 5:57:59 pm
The Andhra Pradesh Government Monday announced a reduction of petrol and diesel price in the state by Rs 2 per litre. Chief Minister N Chandrababu Naidu announced in the Assembly that the new rates would come into effect from Tuesday morning.
“Common man is suffering a lot due to the increasing prices of fuel. To ease the burden a bit we are reducing the price on petrol and diesel by Rs 2 per litre. The state will lose revenue of Rs 1,120 crores due to this reduction in price and in spite of the financial difficulties the state is in, we are willing to bear it,” Naidu said.
He said the state government was currently levying Rs 4 per litre VAT on petrol and diesel.
“The central government has been imposing a heavy burden on people by steeply increasing the prices of petrol and diesel despite heavy income in the form of various levies and dividends. Though the state is faced with a deficit budget, we have decided to reduce the tax and ease the burden on people,” he said.
The reduction in fuel price in Andhra was announced a day after Rajasthan slashed VAT on fuel by four per cent. The prices of petrol and diesel in Rajasthan are down by Rs 2.5 per litre.
Meanwhile, normal life was hit in some states on Monday with offices and educational institutes closed and vehicles off the roads during an opposition sponsored ‘Bharat Bandh’ against the rising fuel prices. The bandh was largely peaceful, barring some incidents of violence. A three-year-old girl died in Bihar’s Jehanabad district which the BJP alleged was due to delay in finding a vehicle to take her to the hospital. Train services were affected in Odisha.
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