Centre in bind but 4 states offer relief as fuel’s on fire

So far, the Centre has refused to cut excise duty it had cumulatively raised by Rs 13 a litre on petrol and Rs 16 on diesel between March and May 2020 when India’s crude purchase cost fell to $19.9/barrel as the pandemic shut down economies.

from Energy-Industry-Economic Times https://ift.tt/2MbYaOF