Delhi CM reduces petrol price, makes CNG costlier

Indian Oil Corporation, the largest oil PSU, but on Monday said that the petrol price review on June 1, hinting to a Rs. Cut value of 1.50-to -2. Delhi Government, however, compressed natural gas (CNG) 5% tax on the value - added levied, the price is about Rs Hiking. Rs 1.77 a kg. 35.45 a kilo. 


His budget speech, Delhi Chief Minister Sheila Dikshit, after talking to reporters, however, said the budget was passed and still the government should reconsider the home can be discussed later on CNG. If the government does not roll back the tax does not, there is a possibility of a fare hike across the capital's public transport system runs on CNG. 

There are about 5.5 million CNG run vehicles in Delhi, including the private and public transport. The VAT Talking about forgiveness, Dikshit said that the purpose of relief to Delhiites. "We give people a relief when there is an increase in diesel price last year was" Dikshit, who also holds the finance portfolio, said. Meanwhile, the auto rickshaw - and taxi 'operators union on May 31 announced the strike against CNG price hike. 

The Bhartiya Mazdoor Sangh, or auto rickshaws - and capital controls in taxis Rajendra Soni said, "The government should either roll back to the CNG price hike, or immediately on auto and taxi fares should be increased to the public." Dikshit said that before, but his budget speech, "We are constantly on the CNG and Haryana have already forgone ... 12.5% ​​levying VAT and VAT of 5%, respectively."
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