Govt may save over Rs 60,000 crore on Crude imports this fiscal: Experts

New Delhi [India], September 27 (ANI): With the softening of crude prices in the international market, it is estimated that the government may save up to Rs 60,000 crore on crude imports this fiscal as compared to last year.

As per estimates every USD 1 per barrel drop in crude prices results in an annual savings of around Rs 13,000 crore on India's import bill.

The economic survey of 2024 has estimated the average crude