Petrol cheaper from 2 April, LPG price frozen for 5 years

GOANEWS DESK, PANAJI | 26 March 2012 19:06 IST

Petrol in Goa now would be cheaper by Rs 11 while LPG prices would be frozen for the next five years, as announced by chief minister Manohar Parrikar in his budget speech today.

The slash in petrol prices would however be made applicable from 2 April.

This was the most attractive election promise made by the Bharatiya Janata Party during its election campaign in a recently concluded Assembly election.

“As committed in our Manifesto, I propose to reduce the prices on petrol by nearly ` 11/- per litre”, Parrikar told the House while presenting his budget.

For this purpose, the CM has almost abolished the VAT on sale of petrol locally and kept it at 0.1 per cent just to maintain the sale records.

It would come into force from 2 April, he told the media during his briefing on the budget.

The state would lost almost Rs 150 crore due to fulfilment of this promise.

He however also expect around 20 per cent rise in the sale of petrol as tourists and other visitors coming to Goa would fill the vehicle tank while going back.

“We will however not allow to fill petrol in containers”, Parrikar told emphatically.

To monitor this, he plans to depute civil supply officials at all the borders.

In order to give a major relief to housewives, the chief minister has also announced that prices of LPG for domestic purpose – cooking gas cylinder – would be frozen for the next five years.

While pleasing the housewives, the BJP chief minister has also countered the Congress move to increase cooking gas in its recently presented union budget.

“I desire to provide relief to the housewives, whose family income is less than Rs 3 lakh. The prices for domestic LPG will remain frozen as on 16th March 2012, the date on which Central Government Budget was presented”, he said.


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