Congress president Mallikarjun Kharge attacked the Modi government on Tuesday over the rising fuel prices and asked why relief was not provided to people when crude oil prices fell during the last 12 years.
Kharge cited an official statement by the PIB to state that exactly 12 years ago today \u2014 on May 26, 2014 \u2014 when Prime Minister Narendra Modi assumed office, the price of crude oil in the Indian basket stood at USD 108.05 per barrel, and the Dollar-Rupee exchange rate was Rs 58.59.<\/p>\n
At that time, petrol was available at Rs 71.51 per litre, and diesel at Rs 56.71 per liter, he said in his post in Hindi on X.
Today, the price of crude oil is below USD 99 per barrel; yet, the prices of petrol and diesel have surged to Rs 102.12 and Rs 95.20 per litre, respectively, Kharge said.
In other words, while crude oil has become cheaper, petrol has become approximately 42.8% more expensive, and diesel about 67.9% more expensive, he said.
\u201cEvery economist knows that the rising cost of petrol and diesel impacts every sector. From transportation to food commodities, the burden of inflation on the common man continues to intensify. Despite this, the government\u2019s profiteering continues unabated,\u201d Kharge said.<\/p>\n
\u201cThe question is straightforward: When crude oil prices have fallen, why have petrol and diesel become more expensive?\u201d he said.<\/p>\n
Why is there no relief for the public, Kharge asked.
The Congress on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, with Rahul Gandhi alleging that the \u201cmehangai manav\u201d has struck again and he has just one job of making promises during elections and attacking people\u2019s pockets at other times.
Kharge also lashed out at the Modi government over the issue and asked who is benefitting from this \u201cdaily robbery\u201d.<\/p>\n
Petrol and diesel prices were raised by Rs 2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks as state-owned fuel retailers continued to pass on rising international oil prices to consumers. (Agencies)<\/p>\n","protected":false},"excerpt":{"rendered":"
Congress president Mallikarjun Kharge attacked the Modi government on Tuesday over the rising fuel prices and asked why relief was not provided to people when crude oil prices fell during the last 12 years.Kharge cited an official statement by the PIB to state that exactly 12 years ago today \u2014 on May 26, 2014 \u2014 […]<\/p>\n","protected":false},"author":1,"featured_media":5687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5688","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"yoast_head":"\n