Seeking lower diesel prices and exemption from service tax, truckers on Monday went on a nation-wide indefinite strike that could inflate the common man's grocery bill, even as the government threatened to cancel their permits if they are not back on the road soon.
The second stimulus package came within a month of the first one, which reduced excise duty by 4%.
The rate cut will be effective from the fortnight beginning January 17.
Analysts are predicting more troubled times ahead - at least till the first half of 2009.
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