India Today

From the Editor-in-Chief

India Today Editor-in-Chief Aroon Purie talks about rising oil prices and how the government can control fuel taxes.

India's economy is held hostage by two external factors, both of which are not under government control- the monsoon rains and global oil prices. The fluctuating levels of either- or both - dictate how the Indian economy will perform in a given year.

What the government can control, however, is taxes. Less than two years after the Modi government took office, crude oil prices

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