Central Government Hikes Export Duty on Diesel to Ensure Domestic Supply

The central government has strategically increased the export duty on diesel to fourteen rupees per litre while keeping petrol and aviation turbine fuel duties largely unchanged. This crucial macroeconomic decision ensures sufficient domestic availability of diesel during high demand periods. By disincentivizing excessive exports, the policy aims to securely stabilize domestic fuel prices, effectively manage inflation, and protect ordinary consumers from extreme volatility in global crude oil markets.