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Petrol, diesel prices rise for the ninth consecutive day, Meghalaya cuts prices

Meghalaya Chief Minister Conrad Sangma said that the state fuel prices were around Rs. Will cut 7 per liter.

Retail fuel prices climbed again for the ninth consecutive day on 17 February in cities across the country.

Petrol, diesel prices

Petrol price in Delhi increased by 25 paise to Rs. According to state-owned fuel retailers, Rs 89.54 per liter compared to Rs 89.59 per liter on 16 February. The price of diesel in the national capital also reached Rs 79.95, an increase of 25 paise from the previous day.

In Mumbai, prices rose to Rs 96 per liter and Rs 86.98 per liter for and diesel respectively.

Meanwhile, vehicle owners in Chennai opened at a cost of Rs 91.68 per liter at Rs 85.01 per liter. Prices in Kolkata reach Rs 90.78 per liter and Rs 83.54 per liter for diesel.

The difference in prices in states stems from local and VAT taxes levied in the states. Oil Minister Dharmendra Pradhan ruled out the possibility of lowering taxes on petrol and diesel to reduce prices.

He said, “There is no such proposal at the moment.” He said that taxes are increased or decreased based on many factors such as the need of the government and market conditions.

Meghalaya Chief Minister Conrad Sangma said that the state fuel prices were around Rs. Will cut 7 per liter.

Talking to the media, the Chief Minister said, “Both prices will come down by around It7. This is mainly being done to ensure that consumers are not affected by high prices.” person.

The Chief Minister said that this step was taken as consumers were affected. He further said that despite the fact that the state is facing financial issues and VAT has been collected from which has helped the state in the difficult times of COVID-19, the government has decided that we will not be able to make petrol. And reduce VAT for diesel “

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