It’s nice and all but none of the benefits are going to Indian people.
The Indian oil corps (state owned or otherwise) resell it to other countries or sell it domestically at a markup over INTERNATIONAL prices. And the Government adds a tax on top, just pure brilliance.
Capitalists demand “fiscal prudence” so instead of raising taxes on the rich, they squeeze more purchasing power out of the poor. Really stupid.
That is the policy around taxation for everything. The “middle class” always froths with rage everytime the budget is announced over this. Ever since GST has been introduced it has gotten worse as well, with more of the taxes going to the central government. The economic policies here are pretty preposterous.