The government on Thursday raised excise duty on both branded and unbranded petrol and diesel by Rs 2 per litre each. However retail pump rates will not be increased.

"Govt. has decided to increase basic excise duty on petrol & diesel by Rs 2/litre for infrastructure development,esp building15000 km of road (sic)," Oil MInister Dharmendra Pradhan tweeted.

The increased rates of basic excise duty will be effective from midnight.

"However,retail price of Petrol & Diesel will remain unchanged allover India despite additional excise duty of Rs 2/litre from midnight today," Mr Pradhan said in another tweet.

When the government hiked excise duty on the petrol and diesel last month, oil firms had decided to absorb the duty change


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