May 25, 2012, 02.07 PM | Source: PTI
Chief Minister Sheila Dikshit today indicated that her government may provide some relief to Delhiites from the hike in petrol prices.
"We will see what we can do," she had told reporters in Jammu yesterday when asked whether her government will reduce VAT on petrol. In the steepest-ever increase, petrol price have been increased by Rs 7.50 a litre. The Chief Minister, however, justified the steep hike saying oil companies were incurring huge losses and the hike was necessary. She was on a private visit to Jammu. In a bid to give some relief from the steep petrol price increase, Kerala and Uttarakhand governments have waived tax on the additional amount to bring down the fuel price by up to 25% of the hike.