Petrol is declining in importance as a fuel.
is this statement true or false?
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Why the government isn't cutting taxes to reduce rates? ... Taxes make up for over 61 per cent of retail petrol price while they constitute more than 56 per cent of diesel pump rates. The Centre had reduced the excise duty on petrol and diesel by Rs 2 per litre on October 4, 2017, and again by Rs 1.5 on October 5, 2018.
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