Bhubaneswar: In a much-needed relief for the common man, the Center today announced a reduction in Central Excise Duty on petrol by Rs 8 per liter and on diesel by Rs 6 per litre.
Announcing the reduction, Union Finance Minister Nirmala Sitharaman said that the reduction in Central Excise Duty will reduce the price of petrol by Rs 9.50 per liter and of diesel by Rs 7 per litre.
Sitharaman further announced that the Center will give a subsidy of Rs 200 per gas cylinder (maximum up to 12) to beneficiaries of Pradhan Mantri Ujjwala Yojana.
The new rates of petrol and diesel will be effective from 6.00 AM tomorrow.