THIRUVANANTHAPURAM: The LDF government in Kerala has decided to cut petrol and diesel prices by Re 1, with effect from Friday, June 1, Chief Minister Pinarayai Vijayan announced Wednesday.
There were indications, over the past few days, that the state government will make an announcement to send a message to the BJP-led Centre.
Oil Marketing Companies (OMCs) reduced fuel prices by 1 paisa hours after erroneously announcing a cut of 60 paise.
Price of petrol in state capital Thiruvananthapuram today was Rs 82.61 while diesel was retailing at Rs 75.19.With this, Kerala became the first state to announce a cut in fuel prices.
The CPI too criticised the oil price hike, alleging that the government had given absolute autonomy to the oil companies to decided on the important issue which affected the lives of the people.
The Left party called upon the people to protest against such anti-people policies of the government.The 1 paisa reduction puts the price of petrol and diesel in Delhi the reference market at ₹78.42 and ₹69.30 a litre, respectively.
Petrol and diesel prices were yesterday cut by 1 paisa a litre each. That reduction followed rates touching an all-time high of Rs 78.43 per litre for petrol and Rs 69.31 for diesel in Delhi on Tuesday.
Prices vary from state-to-state depending on local sales tax or VAT. Delhi has the cheapest price among all metros and most state capitals.
