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Gujarat government announces relief in petrol-diesel prices

Gujarat government today evening announced relief in the prices of Petrol , diesel and LPG. Accordingly, the relief is Rs.1.38 per litre in Petrol, Rs one per litre in Diesel and Rs 13 in the LPG.



 

The relief has come in the wake of similar steps taken by other state governments to help people meet the burden of price rise announced by the central government. The union government had announced an increase of Rs five in petrol, Rs three in diesel and Rs 50 in LPG.

Considering the quantum of increase, state governments have announced relief in the prices. However, Gujarat government decided to  form a high power committee under the Revenue Minister Vajubhai Vala last week. On the basis of the report of the committee this relief has been announced.

Government Spokesperson Jai Narayan Vyas said that the relief is by way of reduction in the VAT on Petrol-diesel and LPG. On Petrol and Diesel there is a reduction of three per cent in the VAT while in the case of LPG the government has completely abolished VAT of four per cent.

 Vyas said that as a result of increase in the prices by the central government the price of petrol had increased by Rs 5.49 , diesel by Rs 3.55 .The relief of Rs.13.05 in the LPG by the state government will cost it Rs 50 crore. The relief will cost the state government Rs.530 crore.

Source : Gujarat Global.com - Ahmedabad, Gujarat, India,  dated 10/06/2008

 

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