Eknath Shinde gives good news to Maharashtra people : Petrol, Diesel Cheaper from today

Petrol will now cost Rs 5 less and diesel Rs 3 less in Maharashtra as the state cabinet decided today. This means that, from tomorrow, petrol will cost around Rs 106 a litre and diesel Rs 94 in Mumbai. Slight variations are possible as there are other components at play when oil companies set the daily price. Eknath Shinde gives good news to Maharashtra people, Petrol, Diesel Cheaper from today.

Maharashtra chief Minister Eknath Shinde said the cut in Value Added Tax (VAT) will cost the state Rs 6,000 crore a year, but it will bring down overall inflation.

The decision is as political as it is financial the Eknath Shinde government was formed just two weeks ago after Eknath Shinde led a mutiny in the Shiv Sena that displaced Uddhav Thackeray’s Shiv Sena-NCP-Congress government. Soon after proving majority in the assembly, Mr Shinde had announced last week that VAT on fuel would be reduced.

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Deputy Chief Minister Devendra Fadnavis said the decision is “part of the Shiv Sena-BJP government’s commitment to people’s welfare”. Mr Shinde claims his faction which has majority of the MLAs with it is the Shiv Sena, but Mr Thackeray has been fighting that, saying that MLAs alone aren’t the party as a whole. So far, at least inside the assembly, the Eknath Shinde faction has managed a leg-up.