Govt extorting money from people: Sonia Gandhi slams fuel price hike

Attacking the BJP-led Central government over the rising prices of petrol and diesel, Congress President Sonia Gandhi sought immediate rollback of the hike

Sonia Gandhi
Congress president Sonia Gandhi speaks on the fuel price hike issue, in New Delhi on Monday.
ANI General News
2 min read Last Updated : Jun 29 2020 | 6:27 PM IST

Attacking the BJP-led Central government over the rising prices of petrol and diesel prices, Congress President Sonia Gandhi on Monday accused it of "extorting money from people" and sought an immediate rollback of the increase in prices of petroleum products.

Leading the 'Speak Up Against Fuel Hike' campaign of the party, Sonia Gandhi said that people were battling coronavirus pandemic and the government has increased price of diesel and petrol. "The government is profiteering at the expense of the people, it is an example of extorting money from people," she said.

She alleged that the Narendra Modi government has increased excise duty on diesel and petrol prices 12 times since 2014.

"Since 2014, instead of giving the benefit of a decrease in the price of petrol and diesel in the international market, the Modi government has increased excise duty 12 times and collected Rs 18 lakh crore," she said.

"The price of diesel and petrol has crossed Rs 80 per litre in big cities like Mumbai and Delhi. In the last three months, the Modi government has increased the price 22 times. They have also raised excise duty. They are doing this at a time when the prices of petrol and diesel are continuously dropping in the international market," she added.

Sonia Gandhi urged the Centre to roll back the rise in excise duty on petrol and give the benefit to people.

"This will provide big relief in this period of economic crisis," she said.

The price of petrol on Monday increased to Rs 80.43 (a hike of 5 paise) and that of diesel increased to Rs 80.53 (a hike of 13 paise) in Delhi, a day after there was no change in their rates in the national capital.

Oil marketing companies have been adjusting retail rates "in line with costs" after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :petroldieselPetrol-diesel prices

First Published: Jun 29 2020 | 4:53 PM IST

Next Story