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Economy

States must reduce the duty on petrol, says NITI Aayog vice chairman Rajiv Kumar

Updated : May 24, 2018 04:31 PM IST

Centre should create fiscal space to deal with the impact of spurt in oil prices.
The Centre levies Rs 19.48 as excise duty on a litre of petrol.
The government raised excise duty nine times between November 2014 and January 2016.
States must reduce the duty on petrol, says NITI Aayog vice chairman Rajiv Kumar
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