In a major decision, the Congress-JD(S) coalition  Government in Karnataka captained by Chief Minister HD Kumaraswamy has reduced the petrol and diesel prices by Rs 2 in the State. Karnataka has one of the highest rates of petroleum products and this has reduced the burden of the common people to an extent. 

This makes Karnataka the fourth state to bring down the soaring fuel rates after Andhra Pradesh, Rajasthan and

West Bengal. Fuel prices have been on an upward swing for weeks now with union Government so far refused to  cut in central taxes, while maintaining that rates would stabilise depending on the international market.

Petrol was selling at Rs 84.59 per litre in Bengaluru on Monday, while diesel was retailing at Rs 76.10 a litre. Addressing a rally at Kalburgi to commemorate the Hyderabad Karnataka liberation day on Monday announced the cut in rate.

He said “Today, this coalition Government has decided to reduce both petrol and diesel prices by Rs 2 per litre.”

Former PM and Janata party Supremo HD Deve Gowda said in a tweet “ It is a commendable decision by the Government of Karnataka to reduce fuel prices by around Rs 2 per litre”.

Announcing the price slash, Karnataka Chief Minister HD Kumaraswamy said, “Our Government has decided to reduce the cess on petrol and diesel. The fuel price will be decreased by two rupees per litre.”

Deputy CM G Parameshwara also took to Twitter to hail the decision. “?In a landmark move to reduce the burden of rising fuel prices on the people of #Karnataka, our coalition Government has slashed the cess on petrol & diesel by Rs 2. Hope the union Government too follows suit,” he wrote.