In a major decision after taking power last month, the new Maharashtra government led by Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis slashed the value-added tax (VAT) on per litre petrol and diesel by ₹5 and ₹3 respectively.
Mr. Fadnavis further informed that the State government had given all clearances for expediting the Mumbai-Ahmedabad bullet train project, which had been put on the back-burner by the erstwhile Uddhav Thackeray-led tripartite ‘Maha Vikas Aghadi’ (MVA) government.
The decision on the fuel price cut was taken in the second cabinet meeting since the formation of the new Shiv Sena (Shinde faction)-Bharatiya Janata Party (BJP) government on June 30.