Price of petrol reduced by Rs 9.5 per litre & of Diesel by Rs 7 per litre: Union

May 21: In a welcome move, the Central excise duty on Petrol was reduced 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. This was informed on Saturday by Union Finance Minister Nirmala Sitharaman.

Also, the government will give ₹ 200 per cylinder subsidy to Ujjwala Yojana beneficiaries for 12 cylinders in a year to help ease some of the burden arising from cooking gas rates rising to record levels. “This will help our mothers and sisters,” tweeted Ms Sitharaman.