Congress spokesperson Manish Tewari wondered whether the central government would qualify for the label of "economic terrorist", a phrase he said was enumerated by a former BJP spokesperson for the UPA government when the latter raised petrol prices in 2008.
He argued that the crude oil prices fell by over 50 per cent between May 2014 and September 2017, and asked why were the petrol and diesel prices raised by over 50 per cent during this period.
He said during UPA-1, the crude oil prices were at a record USD 120 per barrel and said a BJP spokesperson at the time used the words "economic terrorists" against the UPA.
The Congress leader said said since May 26, 2014, international crude oil prices have come down by more than 52 per cent.
"On May 26, 2014, crude oil was prevailing at USD 108.05 a barrel and on September 11, 2017, crude oil prices came down to USD 52.73 a barrel.
"At the prevailing prices of crude oil, diesel should have been at Rs 28.85 per litre and petrol at Rs 37.13 per litre," he said.
He also hit out at the rise in kerosene and LPG prices.
Taking on Petroleum Minister Dharmendra Pradhan, Tewari said either the minister did not understood his brief or was "deliberately trying to mislead" people of the country.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
