The gradual decline in the fuel prices had definitely brought a sigh of relief in the faces of many citizens across the county and to add what more inquisitive is Motorists in Bengaluru are paying less for fuel than other metro cities in the country. It is for the first time since the rise in the petrol prices, Bengaluru now sells petrol cheaper than Delhi. This comes after Karnataka CM decreases the duty charges by ₹7 on Thursday.
Union Government Slashed The Excise Duty
In Bengaluru, petrol price reduced from Rs 113.93 /litre on Wednesday to Rs 107.64 on Thursday morning at Indian Oil petrol bunks, while diesel price fell from Rs 104.50/litre to Rs 92.03/litre. Late in the evening, the Karnataka government’s Wednesday night announcement of Rs 7 per litre reduction in state tax on fuels kicked into effect, following which petrol and diesel prices were Rs 100.58 and Rs 85.01 respectively.
On Wednesday night, CM Basavaraj Bommai had tweeted: “Even though it will mean a loss of Rs 2,100 crore to our exchequer, it will bring down the prices for our citizens to Rs 95.90 & Rs 81.50 (approx.) for petrol and diesel respectively”.
Delhi And Mumbai Topping The List
In New Delhi, the petrol price has been cut by Rs 6 per litre only. Mumbai’s petrol cost is still the highest across metro cities, standing at a staggering Rs 109.98 per litre. Diesel in the country’s financial capital costs Rs 94.14 per litre. Petrol price still sits above the Rs 100-a-litre mark in Delhi, Rajasthan, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Tamil Nadu, and some cities of Bihar and Punjab. Well, the time will let us know to what period this prices shall remain or the prices will further decline or not.