India oil ministry seeks petrol, diesel excise duty budget cut

India oil ministry seeks petrol, diesel excise duty budget cut
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23.01.2018

MOSCOW (MRC) - India's oil ministry is pushing for a cut in excise duty on petrol and diesel in the upcoming 2018/19 budget to cushion the impact of rising oil prices on its vast consumer base, as per Hydrocarbonprocessing.В Prime Minister Narendra Modi, who faces elections in key states later this year, and a nationwide election in early 2019, has faced pressure over a rise in retail pr

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