South Connect : Karnataka government declares Rs 2/litre cut for petrol

The Karnataka government on Monday announced a cut of Rs 2 in excise duty on petrol and diesel, making it the fourth state to bring down the soaring fuel rates after Andhra Pradesh, Rajasthan and West Bengal. Petrol was selling at Rs 84.59 per litre in Bengaluru on Monday . Former PM and Janata party leader Deve Gowda had called this decision as commendable.