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Excise duty collections from petrol and diesel jump three-fold in April and May


Excise duty collections from petrol and diesel jumped three-fold in April and May, with the oil companies raising prices 16 times during May and reducing them once in April when the elections were on in the key states of Bengal, Tamil Nadu and Kerala.
The price of petrol has crossed Rs 100 per litre in more than 15 cities of the country. The price or petrol has already hit the century mark in North Bengal.
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Collections in the corresponding period a year ago stood at Rs 10,996 crore. It could be argued that 2020-21 was an unusual year with the government imposing a lockdown because of the coronavirus pandemic. ....

Narendra Modi , Aditi Nayar , Organisation Of Petroleum Exporting Countries Opec , Petroleum Exporting Countries , நரேந்திர மோடி , ஆர்கநைஸேஶந் ஆஃப் பெட்ரோலியம் ஏற்றுமதி நாடுகள் ஓபெக் , பெட்ரோலியம் ஏற்றுமதி நாடுகள் ,