Jharkhand govt gives massive concession of Rs 25 per litre petrol to two-wheelers

Ranchi, Dec 29: In a major relief, the Jharkhand government has decided to give a concession of Rs 25 per litre petrol to motorcycles and scooter riders on Wednesday. This scheme will be implemented from 26 January, 2022.

Chief Minister Hemant Soren's announcement comes on a day day the predent Jharkhand government completed two years in office.

The move will benefit two-wheeler riders especially the poor and middle class as the petrol prices are very high since past few months.

"To provide relief to the poor and middle class families of the state who are impacted by the increased fuel prices, the government has decided to a give relief of Rs 25 per litre on petrol to two-wheeler owners from January 26, 2022," Soren said.

The statement quoting Soren said, "A poor person, having a motorcycle in the house, is unable to drive it due to lack of money to buy petrol ... An amount of Rs 25 per litre would be transferred to the bank account of poor ration card holders ... This system is going to be implemented from January 26 next year. A poor family can get this amount up to 10 liters of petrol per month."

It said, "Jharkhand government is working fast to bring its action plans on the ground ... Prices of petrol and diesel are sky-rocketing. This has adversely impacted the poor and middle class families".

The Centre had on November 3 cut excise duty on petrol and diesel by a record Rs 5 and Rs 10 per litre to help bring down rates from their highest-ever levels. It had become effective from November 4.

This was the highest-ever reduction in excise duty and rolled back a part of the Rs 13 and Rs 16 per litre increase in taxes on petrol and diesel effected between March 2020 and May 2020 to avoid passing the high rates to consumers despite the the sharp fall in international oil prices.

Later many states had further slashed taxes on the two fuels to make them cheaper, including Haryana and Karantaka.