When will fuel prices reduce? Sitharaman answers with a ‘dharam sankat’ remark

• Union Finance Minister Nirmala Sitharaman on Thursday said there should be less burden on consumers and both the Centre and states should talk with each other over reducing taxes on diesel and petrol whose prices have risen sharply in recent times. Asked if the Centre is mulling to reduce cess or other taxes on fuel to give some respite to consumers from high prices of diesel and petrol, she said the question has put her in "dharm-sankat" (dilemma). "No hiding of the fact that the Centre gets revenue from it. Same is the case with states. I agree that there should be less burden on the consumers. "For that, both the Centre and states should talk with each other (for reducing central as well as state taxes on fuel)," she said during an interaction with the students of the Indian Institute of Management-Ahmedabad (IIMA). Watch the full video for more details.