The prices of petrol and diesel have has came down marginally in the Twin Cities of Bhubaneswar and Cuttack on Monday.
Customers are reportedly paying Rs 103.18 per litre of petrol in the capital city of Bhubaneswar today while diesel is available at Rs 94.75 a litre.
Similarly, petrol and diesel are sold at Rs 103.71 and Rs 95.25 per litre respectively in the Millennium city.
The Union government on Saturday announced to reduce the central excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre.
Meanwhile, Union finance minister Nirmala Sitharaman on Saturday announced that the government would provide a subsidy of Rs 200 per LPG cylinder to over nine crore beneficiaries of the Pradhan Mantri Ujjwala Yojana. The subsidy will be provided for a maximum of 12 cylinders per year.
As Sitharaman announced a sizeable cut in fuel prices, Prime Minister Narendra Modi said that people are the first priority for his government.
“It is always people first for us! Today’s decisions, especially the one relating to a significant drop in petrol and diesel prices will positively impact various sectors, provide relief to our citizens and further ‘Ease of Living’,” he tweeted.