India’s oil ministry is pushing for a cut in excise duty on petrol and diesel in the upcoming 2018/19 budget to cushion the impact of rising oil prices on its vast consumer base, two oil ministry officials told Reuters on Monday.
Prime Minister Narendra Modi, who faces elections in key states later this year, and a nationwide election in early 2019, has faced pressure over a rise in retail prices of petrol and diesel to a record level. Read More…
Oil Ministry Seeks Cut In Excise Duty On Petrol, Diesel In Budget added by The Economic Times on
View all posts by The Economic Times →
Latest posts by The Economic Times (see all)
- Oil Ministry Seeks Cut In Excise Duty On Petrol, Diesel In Budget – January 23, 2018
- India To Showcase Oil Reforms At Global Energy Meet In April – January 23, 2018
- Donald Trump’s Tariff Move To ‘punish’ China May Be The Biggest Blow To Renewables Yet – January 23, 2018
