Centre reduced excise duty on petrol, diesel keeping polls in mind, alleges D K Shivakumar

Karnataka Deputy Chief Minister D K Shivakumar has stated the central government's decision to reduce excise duty on petrol and diesel is motivated by upcoming elections. He mentioned the Nayara company has already increased prices.

Key takeaways

Quick scan — what you need to know:

• Karnataka Deputy Chief Minister D K Shivakumar has stated the central government's decision to reduce excise duty on petrol and diesel is motivated by upcoming elections.
• He mentioned the Nayara company has already increased prices.
• Shivakumar indicated the state government will discuss potential measures to lower fuel costs later.

Background

What led here, in plain terms:

• He mentioned the Nayara company has already increased prices.
• Shivakumar indicated the state government will discuss potential measures to lower fuel costs later.

Why it matters

Why readers and decision-makers should care:

• Shivakumar indicated the state government will discuss potential measures to lower fuel costs later.
• Karnataka Deputy Chief Minister D K Shivakumar has stated the central government's decision to reduce excise duty on petrol and diesel is motivated by upcoming elections.
• He mentioned the Nayara company has already increased prices.