Petrol prices across the country have eased marginally as the central government reduced excise duty on petrol by Rs 5 and diesel by Rs 10 on Monday. In Hyderabad, a reduction of Rs 6.29 per liter was recorded on petrol. Diesel price fell by Rs 12.78.
On Saturday, a liter of petrol was priced at Rs 108.18 and a liter of diesel at Rs 94.62 in the city. There has been no change in the fuel prices after the Center's decision. Several State Governments across the country have cut down the state taxes to ease the burden further.
But then, the Telangana government has remained silent indicating no chance of lowering the prices. Meanwhile, there is pressure on the government from all sides to decrease fuel prices. The neighboring Karnataka has cut down the state taxes drastically.
Karnataka government on Thursday issued a notification reducing the price of diesel and petrol by ₹7 per liter. City folks are demanding that the state government should wake up from deep slumber and do the same. But then, Chief Minister K Chandrasekhara Rao in a Presser in Pragathi Bhavan on Sunday evening has hinted that there is no chance of decreasing the prices. Meanwhile, the petrol bunks on the border areas to Karnataka are on the verge of closure if the government does not act fast. People are crossing the border and filling their tanks in Karnataka Petrol Bunks since it is cheaper there.