Business Standard

Petrol, Diesel Prices May Go Up If Finance Ministry Has Its Way

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BUSINESS STANDARD

The finance ministry is considering a proposal to pass on the excise duty impact on petrol and diesel to consumers in the form of higher prices. The proposal is aimed at reducing the deficit in the oil pool account by the end of the current fiscal.

In case the finance ministry pushes through this proposal, it would lead to a

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First Published: Nov 03 2001 | 12:00 AM IST

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