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Jan 23, 2023, 12:38AM ISTSource: ANI
Petroleum and Natural Gas Minister Hardeep Singh Puri on January 22 asked Oil Marketing Companies (OMCs) to cut the retail prices of petrol and diesel. “Despite the international price rise, we could manage the oil prices because the Centre reduced excise duty on Nov 2021 and May 2022. Some state governments didn’t reduce the VAT despite this and there even now, the oil price is high. I request the oil companies that If the international oil prices are in control and under-recovery of their companies have stopped then reduce the oil prices in India also,” he said.
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