Government cuts fuel prices by Rs 2.50 per litre
Photo : TheEnglishPost
New Delhi : With unrelenting increase in fuel prices, the government on Thursday decided to effect a cut in the prices of petrol and diesel by Rs 2.50 per litre.
Finance Minsiter Arun Jaitley announced at a press conference that the cut will be effected through slashing of excise duty to the tune of Rs 1.50 per litre, while the oil marketing companies will absorb the impact to the tune of Re 1 per litre.
Published on: Oct 4, 2018 at 15:42 IST
IANS
