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Karnataka CM slashes petrol and diesel prices by Rs 2 per litre

The announcement comes in the wake of political pressure building against Kumaraswamy after Rajasthan, Andhra Pradesh and West Bengal governments reduced fuel prices.

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Karnataka Chief Minister H D Kumaraswamy Monday announced the coalition government's decision to cut petrol and diesel prices by Rs 2 per litre.

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.

"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 here.
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.  

On Monday, in New Delhi, petrol was being sold at Rs Rs 82.06 per litre (increased by Rs 0.15 per litre), while the price of diesel has been hiked by Rs 0.6 per litre to Rs 73.78 per litre.

On the other hand, the price of petrol rose to Rs 89.44 per litre in Mumbai, while diesel is being sold at Rs 78.33 per litre.

The continuous hike in the fuel price is being witnessed from the past few days, causing much trouble for the common people.

The Union Government has also been facing flak in the past few weeks for not implementing stringent measures to curb prices.

Speaking about the soaring fuel price, Union Petroleum and Natural Gas Minister Dharmendra Pradhan earlier said that the hike in fuel price in the country is due to international factors, and not under the Centre's control. 

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