Fuel Hike Debate: Did Govt 'Take The First Hit' Or Push Diesel Burden On A Poor Country?

Fuel Hike Debate: Did Govt 'Take The First Hit' Or Push Diesel Burden On A Poor Country?

Economist PK Basu says the Centre cut excise by ₹10 and took the “first hit” on fuel, arguing India kept prices high earlier to build a cushion and now has room for only a calibrated hike. BJP’s Tuhin Sinha calls the Rs 3 hike a minimal 3.2 percent rise compared to steep global increases, while economist Santosh Mehrotra warns that raising diesel will stoke inflation, hurt a poor country with weak demand and could have been absorbed using past windfall gains.

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Видео Fuel Hike Debate: Did Govt 'Take The First Hit' Or Push Diesel Burden On A Poor Country? канала Republic World