Nirmala Sitharaman urges focus on Fuel, Fertiliser, Forex; hits out at critics for peddling pessimism

Stating that India’s policy response has been calibrated to preserve domestic growth, FM said the cut in diesel and petrol excise duties will lead to a revenue impact of ₹1 lakh crore. Stating that India’s policy response has been calibrated to preserve domestic growth, FM said the cut in diesel and petrol excise duties will lead to a revenue impact of ₹1 lakh crore.