Union Petroleum Minister Dharmendra Pradhan Tuesday asked the Odisha government to reduce value added tax (VAT) in order to regulate diesel price which is more than that of petrol in the state.
Pradhan said this a day after the Odisha government blamed the wrong policies of the Centre for the situation.
"The only reason behind high price of diesel in Odisha is due to high VAT rate in the state," the Union minister told reporters on the sidelines of a conclave on steel.
Replying to a question, Pradhan said that while the diesel prices in other states remain less than petrol, rates are high in Odisha because of higher VAT.
Diesel is costlier at Rs 80.36 a litre in Bhubaneshwar on Tuesday as compared to Rs 80.21 per litre for petrol.
On the allegation made by Odisha's finance minister S B Behera, Pradhan said: "S B Behera is saying what is being told. The base price of fuel is in declining trend."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
