Jammu, Mar 7 (UNI) Asserting that the prices of fossil fuels are lower in Jammu and Kashmir than the neighbouring states, Chief Minister Omar Abdullah on Friday proposed to reduce rebate on Petrol by Rs. 1 per litre while presenting the budget 2025-26 of the Union Territory in the Legislative Assembly.
“The fossil fuels are presently essential to our development, the encouragement to their consumption needs to be gradually reduced to encourage shift towards use of cleaner technologies,” Abdullah said.
He said that the prices of these fossil fuels are lower in Jammu and Kashmir than neighbouring States, like Punjab, Haryana, Himachal Pradesh, and Delhi.