The reduction in excise duty on petrol and diesel provided relief to the consumers, stated the Economic Survey 2021-22.
"Reduction in central excise and subsequent cuts in VAT by most states has also helped ease petrol and diesel prices," the Survey said.
Retail prices of petrol and diesel are typically linked to the prices of crude oil.
"The dollar exchange rate was also on the upward trend and is hovering around Rs 75 per USD which was also impacting the prices of petrol and diesel," the survey added.
Saina Nehwal & Parupalli Kashyap Divorce: Couple Decided To Part Ways After 7 Years Of Marraige & Two Decades Of Being Together
Wimbledon Prize Money: How Much Amount Did Winner Jannik Sinner & Runner Up Carlos Alcaraz Earn?
'600 Runs & He Is...': Ben Duckett Brutally Mocks Shubman Gill Before Indian Skipper's Dismissal On Day 4 Of IND vs ENG 3rd Test; Video
Wimbledon 2025 Final: Carlos Alcaraz Plays Insane Shot To Win 1st Set Against Jannik Sinner; Video
(With inputs from IANS)
