Politics intensifies after govt reduces central excise duty on Petrol and diesel

Politics intensifies after govt reduces central excise duty on Petrol and diesel

The Central Government on Saturday announced deduction in excise duty on petrol and diesel by Rupees 8 per litre and Ruppes 6 per litre respectively. This will reduce the price of petrol by Rs 9.5 per litre and of Diesel by Rs 7 per litre, said Union Finance Minister Nirmala Sitharaman. This year, we will give a subsidy of Rs 200 per gas cylinder (upto 12 cylinders) to over 9 crore beneficiaries of Pradhan Mantri Ujjwala Yojana further announced the finance minister.