Rajasthan Chief Minister Vasundhara Raje on Sunday announced a 4-per cent reduction in VAT on petrol and diesel. Raje’s decision comes ahead of crucial Assembly elections in the state. The petrol and diesel prices are currently touching an all-time high and may have a bearing on upcoming polls. Petrol is being sold at a price of Rs 82.99 in Rajasthan as on 9th September, 2018.
The latest cuts in prices will make a Rs 2.5 per litre in the state. The VAT on petrol will be reduced from 30 to 26 per cent and on diesel from 22 to 18 per cent. Raje made the announcement at a public meeting organised in Rawatsar in Hanumangarh district as part of her ‘Rajasthan Gaurav Yatra’. The exchequer will have to bear a cost of Rs 2,000 crore and will provide the people a relief of Rs 2.5 per litre on petrol and diesel. “We have decided to reduce VAT on diesel and petrol by 4 per cent, which will provide much-needed relief to the people of the state, be it farmers or women or others,” Raje told reporters in Rawatsar.
Further inputs awaited