Kerala government to reduce fuel prices by Re 1
The Kerala government on Wednesday announced a Re 1 per reduction per litre in the price of petrol and diesel from Friday, in a bid to bring some relief to the people hit by rising fuel costs.
By : migrator
Update: 2018-05-30 11:46 GMT
Thiruvananthapuram
Addressing reporters here after the weekly Cabinet meeting, Chief Minister Pinarayi Vijayan said: "The state government has decided to forego Re 1 from its tax portion and as a result, the loss to the exchequer would be Rs 509 crore in a year.
"We wish to send a message to the Centre that despite pleas from several quarters, it is not doing anything to bring some relief to the people.
"The price of fuel products is rising when international prices are falling. We did this because we wish to show our intent," he added.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android