“Fuel price hike is the intellectual bankruptcy of the Finance Ministry”, says BJP MP Subramanian Swamy

Inflation has hit the general public and fuel price hikes have not stopped. In particular, for the last 12 days, petrol and diesel prices have been rising by a few paise per day. As a result, petrol prices have reached Rs 120 per liter today. The hike came 15 days after the results of the country’s five state elections. It is seen that the price of petrol has gone up by Rs 9.20. Meanwhile, BJP MP Subramanian Swamy has once again given his party a leg up and attacked the Modi government.

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“The daily rise in Petrol Diesel and Kerosene prices is creating a situation of revolt in the country. It is the intellectual bankruptcy of the Finance Ministry to do this. It is also anti national . Financing Budget deficit by raising these prices is sheer incompetence,” Subramanian Swamy said in a tweet.

BJP MP Subramanian Swamy

Petrol and diesel prices were hiked by 80 paise per liter on Tuesday. As per the new hike, petrol and diesel prices in the national capital have gone up to Rs 104.61 and Rs 95.87 per liter, respectively. In Mumbai, petrol is priced at Rs 119.67 per liter and diesel at Rs 103.92 per liter. In the last two weeks, the price of fuel has gone up by Rs 9 to Rs 10. Therefore, the government is failing miserably to curb inflation. During the election period, there was no change in the price of petrol for 2 to 3 months. The price hike is nowhere to be seen. However, as soon as the election results are out, petrol prices have gone up by Rs 9.20 in 25 days.

In Maharashtra, petrol prices are highest in Parbhani and Nanded. On Monday, petrol was being sold at Rs 121.23 and diesel at Rs 101.42 per liter. After nearly four and a half months of stable petrol and diesel prices, it has been under daily review since March 22. Petrol and diesel prices have gone up in 12 of the last 14 days. International crude oil prices have risen sharply in the wake of the Russia-Ukraine war.

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