New Delhi, March 27 Union Home Minister Amit Shah on Friday said the central government's decision to cut excise duty on fuel when prices are soaring globally reflects its people-centric governance and decision-making based on sensitivity.
In a post on X, Shah wrote, "As the world is grappling with fuel shortages amid the West Asia crisis, which is driving up prices globally, the Modi government's decision to cut excise duty on fuel provides much-needed relief to citizens."
"While many nations have increased the prices of diesel and petrol, the Modi government's decision to reduce excise duty underscores its people-centric governance and decision-making based on sensitivity. Kudos to Prime Minister Narendra Modi for this decision," he wrote.
In a notification issued late on Thursday, the Union Finance Ministry reduced the excise duty on petrol to Rs 3 per litre from Rs 13 earlier. It has also exempted diesel from the duty, while the levy was Rs 10 earlier.
The duty cuts are effective immediately, the ministry had said.
India imports 88 per cent of its crude oil needs and roughly half of its natural gas requirement.