Maharashtra swift to heed Centre's call, cuts fuel prices by Rs 2.50/litre

The Maharashtra government on Thursday announced reduction in prices of petrol and diesel by Rs 2.50 per litre, which will give consumers in the state a relief to the tune of Rs 5 a litre.

The announcement was made by Chief Minister Devendra Fadnavis soon after the central government announced cut in the prices of petrol and diesel by Rs 2.50 per litre.

"Maharashtra government also decided to give additional relief of Rs 2.50 per litre on petrol to give a total benefit of Rs 5 per litre in the state of Maharashtra," Fadnavis tweeted.

Thanking Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley, Fadnavis said the reduction in fuel prices will give a huge relief to citizens.

Earlier, Jaitley announced in Delhi a cut in petrol and diesel prices by Rs 2.50 per litre, factoring in excise duty reduction of Rs 1.50 per litre.