New Delhi: Petrol and diesel prices were cut by Rs 2 per litre each on Friday, a day before the model code of conduct for the general election kicks in. This is the first revision in rates in nearly two years. Petrol in the national capital will now cost Rs 94.72 a litre as compared to Rs 96.72 per litre previously while the price of diesel will be Rs 87.62 as opposed to Rs 89.62, a price notification of state-owned fuel retailers said. The price cut came a week after a Rs 100 per cylinder reduction in cooking gas LPG price and a Rs 2.50 per kg cut in CNG rates was announced. The LPG price reduction brought down the rates of LPG for common users to Rs 803 per 14.2-kg cylinder and that for the poor who got free connections under the Ujjwala scheme to Rs 503 after accounting for Rs 300 per bottle subsidy that the government gives.
