Featured News

BJP and Left parties oppose fuel hike

BJP and Left parties oppose fuel hike As the UPA Government is reported to be considering a hike in fuel prices, Left allies and the Opposition BJP on Friday warned against such a move and instead sought other measures so that the common man, already reeling under rising prices, could be spared.
The ruling Congress, however, wanted understanding of the situation caused by volatility in global crude prices and maintained that the Government was doing its duty to find a way out.
Any hike in fuel prices is going to be a major headache for the Congress ahead of a series of Assembly elections and can be used by the Opposition which is already targeting the Government on the issue of price rise.
CPI(M) General Secretary Prakash Karat said the Government has ignored the Left demands for restructuring excise and customs duty regime in crude oil and petro-products and added that this is the only durable solution in an era of high international oil prices.
Asserting that the BJP will oppose any move to hike fuel prices, party spokesperson Prakash Javadekar said the Government should instead rejig duty structure and abolish import duty. Besides, he said international crude prices could come down but domestic prices once increased are not reduced often.

Comments are closed.