Election Dates And Not Global Rates Regulate Price Of Fuel, Says Congress
NDTV
Addressing a press conference in Delhi, Congress spokesperson Gourav Vallabh asked why the consumers had to bear the brunt of high fuel prices when crude oil prices were at a seven-month low.
The Congress on Sunday demanded immediate relief for middle and lower-income group families by reducing petrol and diesel by at least Rs 15 per litre and cooking gas prices by at least Rs 150 per cylinder.
Addressing a press conference in Delhi, Congress spokesperson Gourav Vallabh asked why the consumers had to bear the brunt of high fuel prices when crude oil prices were at a seven-month low and inflation was above RBI's upper band of six per cent for the last seven months.
"Why is the relief not being passed on to the consumers when the burden of high crude prices is always passed on," he asked.
"Petrol and diesel prices are regulated by election dates and not global rates," he said, alleging that when elections near, the government reduces the prices or puts them on freeze, and when they are over, they raise the prices.