Petrol, diesel to become cheaper by Rs 5 per litre in this state

Additionally, 25 per cent additional cess on liquor will also be slashed in this poll-bound state of India
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Petrol and diesel to get cheaper by Rs 5 per litre in Assam from Friday midnight. Additionally, 25 per cent additional cess on liquor will also be slashed.

It is projected that the move comes ahead of the assembly polls in Assam. The state’s Finance Minister Himanta Biswa Sarma on Friday presented a vote-on-account for Rs 60,784.03 crore in the House and withdrew an additional cess on petrol and diesel.

While presenting the vote-on-account in the second day Friday of the three-day Assembly session for the first four months of the 2021-2022 fiscal, Finance and Health Minister Himanta Biswa Sarma on Friday said the reduction in the fuel prices would come as a great relief for all. He said that 25 per cent additional cess on liquor will also be removed from Friday midnight, which was imposed to meet the healthcare expenses amid the pandemic.

In a structured way, Assam and Meghalaya hiked petrol and diesel prices last year.

The neighbouring Nagaland had levied Covid-19 cess of Rs 5 per litre on diesel and Rs 6 on petrol and motor spirit after Assam and Meghalaya increased prices of the petroleum products. Other northeastern states also levied additional cess on petrol and diesel in the wake of the pandemic-induced economic crisis.

(With inputs from IANS)

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