Diesel price slashed by over Rs 8 in Delhi after Kejriwal govt cuts taxes

The Delhi government has decided to reduce the Value Added Tax (VAT) on diesel which will substantially cut the prices of diesel in the national capital.

“Delhi Cabinet has decided to reduce VAT on diesel from 30% to 16.75%. This will reduce price of diesel in Delhi from Rs 82 to Rs 73.64 i.e. by Rs 8.36 per litre,” chief minister Arvind Kejriwal said today.

“This is one of the several measures taken by our government to revive Delhi’s economy. Earlier this week, we had launched a portal to connect job seekers with potential employers,” Kejriwal added.

The chief minister further said that he will connect with several industry groups and experts over video conferencing “to discuss more ways to revive Delhi’s economy”.