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The federal government, on Saturday, introduced obligation cuts on petrol and diesel together with import obligation discount on key uncooked supplies for metal and plastic trade.
“Value of metal and plastics was affecting the Jal Jeevan Mission plan as value was rising considerably past what we had budgeted,” a senior authorities official instructed TOI.
Higer metal costs had been impacting the mission on account of escalation in prices. The infrastructure push by the federal government additionally noticed rising prices on account of greater enter costs.
The obligation cuts will not impression the states’ share from the divisible pool because the discount is from cess which is solely from the Centre’s share.