Petrol Price Can Come Down To Rs 75 If Brought Under GST, But There Is Lack Of Political Will: SBI Economists
Diesel will come at Rs 68 a litre and the revenue loss for the Centre and states will be only Rs 1 lakh crore or 0.4 per cent of GDP, according to the calculation by the economists made under the assumption of global crude prices at USD 60 a barrel and exchange rate at Rs 73 per dollar.