Jharkhand slashes petrol price by Rs 25 a litre - for two-wheelers

Update: 2021-12-29 11:05 GMT

Jharkhand CM Hemant Soren has announced that the state government has decided to cut petrol prices by Rs 25 per litre for two-wheelers, with the reduction coming into effect from January 26, 2022.

In a tweet, Soren wrote: “The rise in petrol and diesel prices has mostly affected the poor and the middle-class people. Hence, the state government has decided to cut the petrol prices by Rs 25/litre for two-wheelers. This will come into effect from January 26, 2022.”

On Wednesday, when Soren made the announcement, petrol and diesel prices remained unchanged for over a month. The fuel rates have been static after the highest-ever excise duty cut by the Centre to bring down retail prices from record highs.

The government had cut the duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre on November 3. Following this, many states and UTs slashed local sales tax or value-added tax to give further relief to consumers.

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