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Congress slams Centre over prices of crude oil, says 'rates falling but no relief to public'

Written by  Shgun S -- January 04th 2024 03:47 PM
Congress slams Centre over prices of crude oil, says 'rates falling but no relief to public'

Congress slams Centre over prices of crude oil, says 'rates falling but no relief to public'

PTC News Desk: Congress President Mallikarjun Kharge slammed the central government on Thursday for failing to reduce petrol and diesel prices, despite a significant drop in global crude oil prices.

"Over the last 19 months, crude oil prices have fallen by 31%," he said, accusing Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) government at the Centre of allowing unchecked profiteering.


Kharge took to X and wrote on Thursday, “The falling crude oil prices are not translating into relief for the public due to the unchecked profiteering by the Modi government. Ministers themselves admit there have been no discussions with oil companies to reduce prices. Oil companies are earning ₹8 to ₹10 in profit from the public per litre of petrol and ₹3 to ₹4 profit on diesel at the expense of the public.”

“Public savings are at their lowest in 50 years... The nation is disillusioned, seeking the ‘Acche Din’ promised by the BJP through false promises and empty advertisements," he added.

Petrol costs 96.72 rupees in Delhi, while diesel costs 89.62 rupees. Fuel prices have surpassed the 100 mark in cities such as Mumbai and Bengaluru.

On Thursday, the current global price of crude oil in India was Rs 6,016 per barrel, a 1.93% decrease.

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