YSRCP demands rollback of fuel price hike

Seeking immediate rollback of the hike in fuel prices, YSR Congress today said the Andhra Pradesh and Telangana governments should also withdraw the VAT on petro products as it was adversely affecting the common man.
Petrol price was hiked by Rs 3.13 a litre and diesel by Rs 2.71 per litre yesterday, the second straight steep increase in rates this month.
"The prices of petro products are not fluctuating in proportion to the international crude oil prices as they are reduced by pittance and while the hike is manifold. The global prices have fallen from USD 110 to USD 48.63 per barrel, but the same gap is not reflected in the two Telugu speaking states," party spokesperson Vasireddy Padma said.

"TDP, which is a coalition partner of NDA and TRS are mum on the hike of petro rates and have imposed VAT, which is adversely affecting the common man and it is imminent that the transport charges would also go up, which jacks up the prices of essential commodities," a release quoted her as saying.
Telangana and Andhra Pradesh governments should "break their silence and register their protest with the Centre," she said, adding that the VAT and additional charges on petrol and diesel are very high and should be withdrawn immediately.