Guwahati, May 22: After remaining unchanged for 45 days, fuel prices on Sunday have been reduced in the country. The development comes after the central government cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre.
The cut was estimated to translate into a reduction of Rs 9.5 per litre in petrol prices and Rs 7 per litre in diesel, after taking into account its impact on other levies.
Petrol and diesel prices in Guwahati are now among the cheapest in India. Chief Minister Himanta Biswa Sarma shares their deep gratitude to PM Modi for the directive to cut excise duty on petrol and diesel.
He shares the news on Twitter by saying that “My deep gratitude to Adarniya PM Shri @narendramodi ji for his directive to cut excise duty on petrol and diesel. Earlier, following his directive, the BJP-led state govt had reduced taxes on fuel. Happy to note that fuel prices in Guwahati are now among the cheapest in India.”
My deep gratitude to Adarniya PM Shri @narendramodi ji for his directive to cut excise duty on petrol and diesel. Earlier, following his directive, BJP-led state govts had reduced taxes on fuel.
Happy to note that fuel prices in Guwahati is now among the cheapest in India pic.twitter.com/ayK6ZmaPXH
— Himanta Biswa Sarma (@himantabiswa) May 22, 2022
In Guwahati, petrol was at Rs 96.01 per litre and diesel at Rs 83.94 per litre. Announcing the decision to cut the central excise duty, Finance Minister Nirmala Sitharaman on Saturday said in a tweet, “We are reducing the central excise duty on petrol by Rs 8 per litre and on Diesel by Rs 6 per litre. This will reduce the price of petrol by Rs 9.5 per litre and of diesel by Rs 7 per litre. It will have a revenue implication of around Rs 1 lakh crore per year for the government.”
1/12 Our government, since when @PMOIndia @narendramodi took office, is
devoted to the welfare of the poor.We’ve taken a number of steps to help the poor and middle class. As a result, the average inflation during our tenure has remained lower than during previous governments.— Nirmala Sitharaman (@nsitharaman) May 21, 2022
She also added that she wished to exhort all state governments, especially the states where the reduction was not done during the last round (November 2021), to also implement a similar cut and give relief to the common man.
Prime Minister Narendra Modi in a tweet said on Saturday, “It is always people first for us! Today’s decisions, especially the one relating to a significant drop in petrol and diesel prices will positively impact various sectors, provide relief to our citizens and further ‘Ease of Living.'”
It is always people first for us!
Today’s decisions, especially the one relating to a significant drop in petrol and diesel prices will positively impact various sectors, provide relief to our citizens and further ‘Ease of Living.’ https://t.co/n0y5kiiJOh
— Narendra Modi (@narendramodi) May 21, 2022
Prices of petrol and diesel were increased by the Oil Marketing Companies (OMCs) by Rs 10 per litre in 14 hikes that took place between March 22 and April 6.
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Petrol, Diesel Prices on Sunday, May 22, in Delhi, Chennai and Other Major Cities in India:
Delhi
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Mumbai
Petrol: Rs 111.35 per litre
Diesel: Rs 97.28 per litre
Kolkata
Petrol: Rs 106.03 per litre
Diesel: Rs 92.76 per litre
Chennai
Petrol: Rs 102.63 per litre
Diesel: Rs 94.24 per litre
Bhopal
Petrol: Rs 108.65 per litre
Diesel: Rs 93.90 per litre
Hyderabad
Petrol: Rs 109.66 per litre
Diesel: Rs 97.82 per litre
Bengaluru
Petrol: Rs 101.94 per litre
Diesel: Rs 87.89 per litre
Guwahati
Petrol: Rs 96.01 per litre
Diesel: Rs 83.94 per litre
Lucknow
Petrol: Rs 96.57 per litre
Diesel: Rs 89.76 per litre
Gandhinagar
Petrol: Rs 96.63 per litre
Diesel: Rs 92.38 per litre
Thiruvananthapuram
Petrol: Rs 107.71 per litre
Diesel: Rs 96.52 per litre.
