Finance Minister Arun Jaitley has announced that the Modi Government has decided to provide the relief against the backdrop of surging crude oil prices, which was at a four-year high of $86 a barrel. Announcing the decision to cut excise duty by Rs 1.5 per litre, while asking oil companies to absorb the loss of Rs 1 per litre, Jaitley also requested state governments to provide relief to consumers.
Recommended Video
Top News
Latest News
