Why state governments, not Centre should slash petrol, diesel prices now

"Our analysis shows that at the current crude prices and extending our analysis to 19 states (overall consumption share is 93 per cent), the states could have gained at least an additional Rs 18,728 crore of revenue (in 2018-19)," said SBI's Ecowrap report.

Why state governments, not Centre should slash petrol,
States can cut petrol price by Rs 2.65 per litre and diesel by Rs 2 a litre. Image source: PTI

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