Meghalaya Government has decided to reduce the retail prices of petrol and diesel by another over 5 rupees by reducing VAT on them.<br />''<br />''The decision came amid a strike by commercial transporters that entered the second-day today. After a review meeting in Shillong, Chief Minister Conrad K Sangma said, the new price of petrol will be Rs 85.86 from its current price of Rs 91.26, while the new price of diesel will be Rs 79.13 from its present rate of Rs 86.23.<br />''<br />''<span style="color: #222222;">He said the total reduction will be Rs 7.4 for petrol and Rs 7.1 for diesel after the State Government had announced a Rs two rebate on both the items last week.</span><br />