For the first time in the country, the price of petrol has gone beyond 100 rupees. Meanwhile, on Wednesday, Prime Minister Narendra Modi did not say anything directly about the rising prices of petrol and diesel, but he blamed it on the previous governments.
PM Modi said that the middle class would not have had such difficulty if the earlier governments had paid attention to the dependence of energy imports. Referring to ethanol, the PM said that his government is focusing on renewable sources of energy and by 2030 we will produce 40 percent of the energy in the country itself. At the inauguration ceremony of the gas pipeline in Tamil Nadu, PM Modi said that his government is sensitive to the difficulties of the middle class.
Fuel prices in the country depend on international rates. Let us tell you that on 1 February 2021, the price of crude oil in the international market was $ 54.41 per barrel, while in May 2014 crude oil was $ 108 dollars per barrel. Talking about the rate, in May 2014 the rate of petrol in Delhi was ₹ 71.51 per liter and diesel was ₹ 57.28 per liter. While on 17 February 2021, the price of petrol in Delhi was Rs 89.54 per liter and diesel Rs 79.95 per liter.
PM Modi mentioning the steady increase in fuel prices
In some cities in the country, the price of petrol has gone up to above Rs 100, there has been a statement about Prime Minister Narendra Modi. Prime Minister Modi said that if the previous governments had paid attention to the reduction in dependence on energy imports of the country, the burden on middle class would not have increased so much. PM Modi recently said without mentioning the steady increase in fuel prices that India met 85% of its oil needs in 2019-20 and more than 53% of natural gas needs by imports.