Fuel price hike: Sitharaman says 'India can't afford fear mongering'; govt may lose Rs 1 lakh crore revenue
Finance Minister Nirmala Sitharaman stated that reducing fuel excise duties would cost Rs 1 lakh crore, emphasizing India's need for confidence over fearmongering amidst rising petrol and diesel prices. She highlighted the resilience of India's domestic economy despite global pressures on fuel, fertilizer, and forex, urging focus on these "three Fs".
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