Despite US pressure India bought cheap oil from Russia: Ex-Pak PM Imran Khan hails Modi govt’s decision to cut excise on fuel

Despite being part of the Quad, India sustained pressure from the US and bought discounted Russian oil to provide relief to the masses. This is what our govt was working to achieve with the help of an independent foreign policy.

Despite being part of the Quad, India sustained pressure from the US and bought discounted Russian oil to provide relief to the masses. This is what our govt was working to achieve with the help of an independent foreign policy.
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— Imran Khan (@ImranKhanPTI) May 21, 2022

Weeks after he was ousted as prime minister of Pakistan following a no-confidence vote, Khan said that this government, too, was working towards buying discounted Russian oil to “provide relief to the masses”.

“This is what our govt was working to achieve with the help of an independent foreign policy,” he wrote.

After retail inflation surged to an eight-year high this month, the Centre Saturday announced a series of measures — including a reduction in excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre.

Union Finance Minister Nirmala Sitharaman said the cut in excise duty on fuel has a revenue implication of Rs 1 lakh crore a year and urged state governments to follow suit.