Government cuts excise duty on petrol by Rs 8/litre, diesel by Rs 6/litre, urges all states to follow suit & give relief to common man
In a slew of measures, the finance minister also announced subsidy on cooking gas under Ujawala Yojana; reducing customs duty on plastic and calibrating the same on iron and steel products.
This move will have a revenue implication of around Rs 1 lakh crore per year for the government: PTI