New Delhi:
Diesel price in national capital will be reduced by Rs 8.36, as the Delhi Chief Minister Arvind Kejriwal on Thursday announced a reduction in the Value Added Tax (VAT) on diesel from the existing 30 per cent to 16.75 per cent, saying the move will help propel Delhi’s economy.
Kejriwal said there was a serious challenge of reviving the economy of Delhi but it will be achieved together with cooperation of people.
The diesel price will now come down from Rs 82 a litre to Rs 73.64 a litre, he said and added that traders and industrialists in the city had demanded it.
The decision was taken in a meeting of the Delhi Cabinet chaired by the chief minister.
