In a significant move to ease the financial burden on residents and farmers, Maharashtra has reduced fuel prices in the Mumbai region. This announcement was made by Deputy Chief Minister Ajit Pawar during the state Budget presentation on June 28.
Maharashtra has lowered fuel prices in the Mumbai region by Rs 2 per litre for diesel and by 65 paise per litre for petrol, Deputy CM Ajit Pawar announced while presenting the state Budget on June 28.
Deputy CM Ajit Pawar said, “Tax on diesel is being decreased from 24% to 21% for the Mumbai region, effectively 2 rupees per litre less prices of diesel. In the Mumbai region, tax on Petrol being decreased from 26% to 25% which will effectively decrease rates of petrol by 65 Paise per litre.” Diesel and petrol will now be cheaper in Mumbai, Navi Mumbai, and the Thane region of Maharashtra.
The budget announcement also includes a waiver of electricity bills for 44 lakh farmers, along with a promise of three free LPG cylinders every year to poor families. These measures aim to provide substantial financial relief to both urban and rural populations across the state.
Maharashtra is heading towards elections later this year to elect its state legislative assembly, though the final dates have not been announced yet.
Key Takeaways:
– Diesel prices reduced by Rs 2 per litre.
– Petrol prices reduced by 65 paise per litre.
– Waiver of electricity bills for 44 lakh farmers.
– Three free LPG cylinders annually for poor families.
Impact and Implications
The reduction in fuel prices is expected to have a positive impact on the daily expenses of residents in the Mumbai, Navi Mumbai, and Thane regions. Lower fuel costs can ease the burden on commuters and transport businesses, potentially leading to a decrease in the overall cost of goods and services.
For the 44 lakh farmers benefiting from the electricity bill waiver, this move will alleviate a significant portion of their operational costs, allowing them to invest more in their agricultural activities. Additionally, providing three free LPG cylinders per year to poor families is a step towards ensuring basic amenities and improving the quality of life for the underprivileged.
The Maharashtra government’s decision to cut fuel prices, waive electricity bills for farmers, and provide free LPG cylinders to poor families showcases a commitment to supporting its citizens, especially in challenging economic times. These measures not only provide immediate relief but also lay the groundwork for long-term economic stability and growth.
Stay informed about further developments and updates on these initiatives. Share this news with friends and family to spread awareness about the positive changes taking place in Maharashtra.
