The diesel price will be reduced by Rs 8.36 in Delhi due to the VAT cut, Kejriwal said in a virtual press briefing
Delhi Chief Minister Arvind Kejriwal
Chief Minister Arvind Kejriwal 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.
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The diesel price will be reduced by Rs 8.36 in Delhi due to the VAT cut, Kejriwal said in a virtual press briefing.
He 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.
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