Karnataka lowers fuel prices by Rs 2 per litre

In an effort to give relief to some extent to people from unchecked hike in fuel prices, the Karnataka Chief Minister H D Kumaraswamy today announced the coalition government’s decision to cut petrol and diesel prices by Rs 2 per litre.

His decision was followed by similar decisions taken by chief ministers of Rajasthan, Andhra Pradesh and West Bengal governments, last week reducing  fuel prices. While both Rajasthan Chief Minister Vasundhara Raje and Andhra Pradesh Chief Minister N Chandrababu Naidu has cut taxes on fuel by Rs 2, West Bengal Chief Minister Mamata Banerjee by Re 1.

“Today, this coalition government has decided to reduce both petrol and diesel prices by Rs 2 per litre,” Kumaraswamy said. Fuel prices have been climbing since August 16.

His announcement gaining prominence after two days of extensive deliberations with financial officials, Prime Minister Narendra Modi refused to give any relief to people from taxes.  The rising fuel prices have created a political storm with the Opposition launching a scathing attack against the Narendra Modi government, which has cited international factors for it.

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