Fuel in Mohali costliest in the entire north region with petrol prices at Rs 89.79 per litre
The Hush Post: Petrol and diesel will cost Rs 5 less in Himachal Pradesh Haryana, Uttarakhand and J&K from October 4 midnight. Punjab is yet to decide on the pricing today. All BJP-ruled states have already announced a Rs 5 cut in fuel price.
It is a fallout of the central government’s announcement on Thursday about the reduction of Rs 2.50 per litre in petrol and diesel prices. This happened after it reduced excise duty by Rs 1.50 a litre and asked oil companies to absorb another Re 1.
In Mohali, petrol prices shot up to Rs 89.79 per litre while diesel sold at Rs 75.41 per litre on October 1, making it the costliest not just in the tricity but in the entire North region. The rates are the second highest in the country, coming only after Mumbai, where petrol was priced at Rs 91.08 till yesternight.
In the tricity, petrol as well as diesel, was the cheapest in Chandigarh at Rs 80.59 per litre and Rs 73.01 per litre respectively.
Price cut in states like Gujarat, Maharashtra, Uttar Pradesh and Madhya Pradesh would also be Rs 5. These states matched the announcement with a similar reduction in local sales tax or VAT rates.
The announcement has come as a big relief for citizens. A dip in the sale of cars due to the soaring petrol and diesel prices had been reported a few days earlier.
In Delhi, where the fuel prices are the lowest among all metros and most of the state capitals, petrol was being sold at Rs 84 per litre and diesel at Rs 75.45.