Article by Darshana Jamindar
Center government has announced its 11 month’s biggest price reduction by reducing petrol prices from Rs 1.89 to Rs 2.38 per litre. This reduction will come into effect from 15th August was informed by Indian Oil Corporation. Reduction cost in each state will vary as rates of local taxes and VAT varies in every states. Capital Delhi will have reduction of Rs 2.18 per litre in petrol.