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Delhi Govt reduces petrol, diesel prices

Delhi Government on Tuesday reduced prices of petrol and diesel in the capital by 67 paise and 22 paise respectively.

india Updated: Jun 13, 2006 13:49 IST

Delhi Governmenton Tuesdayreduced prices of petrol and diesel in the capital by 67 paise and 22 paise respectively.

The reduction was effected by slashing Value Added Tax (VAT) on the increased amount, Delhi Finance Minister AK Walia told reporters in New Delhi after a Cabinet meeting, chaired by Chief Minister Sheila Dikshit.

At present the price of petrol in the national capital is Rs 47.51 per litre and diesel costs Rs 32.47 per litre.

After implementation of the new rates, petrol will cost Rs 46.84 per litre and diesel will be available for Rs 32.25 per litre.

On being inquired as to when the new prices will be applicable, Walia said "It should be done within a week."

First Published: Jun 13, 2006 13:31 IST