Fuel price hike: Burden will not fall on public, assures Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman explained the Centre’s decision to cut excise duty on petrol and diesel, citing rising global crude oil prices and the need to shield consumers from price hikes. Union Finance Minister Nirmala Sitharaman explained the Centre’s decision to cut excise duty on petrol and diesel, citing rising global crude oil prices…

Key takeaways

Quick scan — what you need to know:

• Union Finance Minister Nirmala Sitharaman explained the Centre’s decision to cut excise duty on petrol and diesel, citing rising global crude oil prices and the need to shield consumers from price…
• Union Finance Minister Nirmala Sitharaman explained the Centre’s decision to cut excise duty on petrol and diesel, citing rising
• global crude oil prices and the need to shield consumers from price hikes. Union Finance Minister Nirmala Sitharaman explained the
• Centre’s decision to cut excise duty on petrol and diesel, citing rising global crude oil prices and the need to shield consumers

Background

What led here, in plain terms:

• Centre’s decision to cut excise duty on petrol and diesel, citing rising global crude oil prices and the need to shield consumers
• from price hikes.

Why it matters

Why readers and decision-makers should care:

• Union Finance Minister Nirmala Sitharaman explained the Centre’s decision to cut excise duty on petrol and diesel, citing rising
• global crude oil prices and the need to shield consumers from price hikes. Union Finance Minister Nirmala Sitharaman explained the
• Centre’s decision to cut excise duty on petrol and diesel, citing rising global crude oil prices and the need to shield consumers