Petrol and diesel prices rallied to their highest ever levels in Meghalaya and across the country, as rates were hiked again by 35 paise today.
Petrol price in the State jumped to Rs 102.58 per litre whereas the price of diesel rose to Rs 95.32 per litre.
Fuel prices had risen for the fifth consecutive day. They remained static on October 19 and 19 but had risen for four straight days by 35 paise per litre previously before again rising for five consecutive days from October 20 to 24.
Petrol prices had maintained stability since September 5 but oil companies finally raised the pump prices last week.
Petrol prices have also risen on 21 of the previous 26 days taking up its pump price by Rs 6.40 per litre.
Meanwhile, the State cabinet is likely to meet next month to discuss demands for reducing the Value Added Tax (VAT) on fuel.
In February this year, the State government had reduced VAT on petrol and diesel. The reduction of VAT was Rs 7.4 for petrol and Rs 7.1 for diesel.
Chief Minister Conrad Sangma had yesterday stated that Meghalaya is the only State in the country with the lowest tax on fuel.
However, the opposition Congress alleged that the State government had done precious little to address the suffering of the common man from the ongoing hike in fuel prices.
Meghalaya collected around Rs 300 crore as VAT from petrol and diesel from February till September this year.
