Central govt slashes excise duty by Rs 8 on petrol, Rs 6 on diesel to tame inflation

The Centre on Saturday slashed excise duty by Rs 8 on petrol and Rs 6 on diesel to bring down fuel prices and ease inflation by reducing transportation charges for the Aam-Aadmi’s daily staples. The government also announced a Rs 200 subsidy on LPG for consumers who were given connection free of cost under the Ujjwala programme, one of the Narendra Modi government’s flagship social welfare schemes launched in 2016.