As the prices of fuel continue to swell across the country, Karnataka Chief Minister H D Kumaraswamy on Monday announced the coalition government’s decision to cut petrol and diesel prices by Rs 2 per litre.
“Today, this coalition government has decided to reduce both petrol and diesel prices by Rs 2 per litre,” Kumaraswamy, who heads a JD(S)-Congress government, said while addressing an event in Kalburgi.
The announcement comes in the wake of political pressure building against Kumaraswamy after Rajasthan, Andhra Pradesh and West Bengal governments reduced fuel prices.
Andhra Pradesh Chief Minister N Chandrababu Naidu has cut taxes on fuel by Rs 2 and West Bengal Chief Minister Mamata Banerjee by Re 1.
Fuel prices have been climbing since August 16.
The rising fuel prices have created a political storm with the Opposition launching a scathing attack against the Narendra Modi government, which has cited international factors for it.
Fuel prices are the steepest in Maharashtra and the lowest in Andaman and Nicobar.
Last week, BJP President Amit Shah had said that both the party and the government were concerned over the rising prices of petrol and diesel and that the government would soon come out with a stand.
Addressing a news conference in Hyderabad, he said the rise in fuel prices and the weakening of the rupee were the result of international developments.
“We are trying to find ways. The government will soon come out before people with a stand,” he said.
Shah attributed the increase in fuel prices to US-China trade war and the tension in ties between the US and oil producing nations.
(With agency inputs)