Chennai: The petrol price is just short of Rs 100 as there is a hike of Rs 0.30 per litre with which the petrol price reaches to Rs 99.49 per litre in Chennai while per litre diesel price has gone up by Rs 0.23 in the city which stands at Rs 93.46 on Sunday. On Saturday
With the skyrocketing fuel prices, various parties are demanding a reduction in petrol and diesel prices. Motorists are having a harrowing time as petrol prices have approached Rs 100. In the last 49 days alone, petrol and diesel prices have risen 30 times. In the last few days alone, diesel has risen by Rs 6.86 and petrol by Rs 6.77.
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Meanwhile, in the Legislative Assembly, the DMK election manifesto announced that the state government will reduce the tax on petrol and diesel, so why not announce it in the governor's speech? That raised the question. Responding to this, Finance Minister Palanivel Thiagarajan said that petrol and diesel prices were continuing to rise due to the central government's tax hike, adding that Tamil Nadu's financial situation was not good at the moment and that whenever it was right, we would reduce the state tax on petrol and diesel as promised by Chief Minister MK Stalin.
The Finance Minister said that one per cent of the state's GDP is being spent to control the second wave in Tamil Nadu. Corona said the government of Tamil Nadu had provided Rs. 2,000 in two installments to ensure that the livelihoods of the poor were not affected during the curfew. The then AIADMK government had raised the state tax from Rs 28 to Rs 30 when the Cess tax was Rs 9 in 2014, but when the price of crude oil and petrol, and diesel went up in 2006, the state tax on petrol and diesel was reduced to Rs 3. He also said that the then Chief Minister Karunanidhi had reduced the system.