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Mallikarjun Kharge, Congress President, Criticizes Modi Government Over Refusal to Reduce Fuel Prices

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Fuel Price Cut: After refusing to cut the prices of petrol and diesel, the opposition attacked the government, Kharge said

Petrol-Diesel Price Cut: In the last week of December 2023, the news came that Modi government can make a big cut in the prices of petrol and diesel after the fall in the prices of crude oil in the international market. However, in the new year on January 3, 2024, Petroleum Minister Hardeep Singh Puri rejected any such possibility. He termed the news of price cut as a rumour. This statement of the Petroleum Minister has given the opposition a weapon to attack the government.

Congress National President Mallikarjun Kharge wrote in a post on social media X, ‘Crude oil prices are falling in the international market but there is no control on the looting of the Modi government.’ He further wrote, Modi ji’s ministers themselves are saying that there has been no discussion with the oil marketing companies regarding reducing the prices. According to Mallikarjun Kharge, crude oil has become cheaper by 31 percent in 19 months. Oil companies are making a profit of Rs 8 to Rs 10 per liter on selling one liter of petrol and Rs 3 to Rs 4 per liter on selling diesel, but despite this the government ministers are saying that the prices will not decrease.

In the last week of December, it was reported from sources that in 2024 Lok Sabha elections In view of this, Modi government is considering reducing the prices of petrol and diesel. For this, talks are also going on with government oil companies. The government and oil companies will equally bear the burden of reduction in the prices of petrol and diesel. Then it was also said that the government can reduce the price of fuel by Rs 10 per liter, which will help in bringing down the retail inflation rate which was 5.55 percent in November 2023.

Crude oil prices have been hovering between 70 to 80 dollars per barrel in the international market for a long time. It was also reported that talks have taken place between the Petroleum Ministry and the Finance Ministry regarding the price reduction formula. However, now the government is refusing to cut the prices, on which the opposition seems to be attacking.

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