(B.S)
Finance Minister Nirmala Sitharaman hardly mentioned fossil fuels in her shortest Budget speech, perhaps a reflection of India’s quest for a clean energy future. The little that was said was a tax on unblended fuels. It was the last item in the speech. “Blending of fuel is a priority of this government.
To encourage the efforts for blending of fuel, unblended fuel shall attract an additional differential excise duty of Rs 2 per litre from the 1st day of October 2022”. The statement was as opaque as it was transparent. Will a mug of ethanol mixed with petrol count as
