The government's decision to cut domestic gas supplies by up to 20% to city retailers is likely to increase CNG prices by Rs 4-6 per kg. To combat this, a reduction in excise duty might be considered, especially with upcoming elections in key CNG markets like Mumbai and Delhi.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.