Almost one week after the UPA Government announced the Rs 7.50 per liter hike in petrol price, petrol will now cost Rs2 per liter cheaper. New Petrol price will be affective from the midnight today.
Meanwhile, state-based oil companies will cut petrol price by Rs 1.68 per litre, excluding taxes. After including 20 per cent VAT on petrol, the reduced in Delhi comes to Rs 2 per litre.
Time is not good for UPA government as after the Trinamool Congress Chief Mamata Banerjee’s protest on the issue of hike petrol price, next hit by a key rally The Dravida Munnetra Kazhagam party.
Threatening UPA to quit as nine years old key ally, DMK former Tamil Nadu chief minister, M Karunanidhi on Wednesday warned that, the party had never hesitated to pull out so earlier unless the “atrocious” petrol price hike was not completely rollback.
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