BJP has to be defeated completely to bring down fuel prices by Rs 50: Raut
A day after the Centre slashed the excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively, Shiv Sena MP Sanjay Raut on Thursday said the BJP has to be defeated completely if the fuel prices have to be brought down by Rs 50.
Slamming the Centre, Raut, whose party shares power with the NCP and Congress in Maharashtra, told reporters that one really needs to be harsh to raise the fuel prices to over Rs 100.
Petrol prices in the country were over Rs 100 for some time now.
On Wednesday, the central government cut the excise duty on petrol and diesel by a record Rs 5 and Rs 10 per litre, respectively, to help bring down rates from their highest-ever levels
The move came a day after the BJP lost bypolls in some states controlled by it.
Raut said the reduction of price by Rs 5 is not going to serve any purpose and it should have been brought down first by at least Rs 25, and then Rs 50.
After the BJP’s defeat in the bypolls, the Centre reduced the fuel prices by Rs 5. If the price has to be brought down by Rs 50, then the BJP must be defeated completely, he aid.
The Rajya Sabha member claimed people have to celebrate Diwali after taking a loan and there is no atmosphere of festivity because of the inflation.
Following the Centre’s decision to reduce the excise duty, many states, especially those ruled by the BJP, also slashed the Value Added Tax (VAT) on fuels.
The BJP lost all the three Assembly seats in Himachal Pradesh and Mandi Lok Sabha seat in the northern state, bypolls for which were held on October 30.
It also failed to win Delgur Assembly bypoll in Maharashtra and the neighbouring Dadra and Nagar Haveli Lok Sabha seat by-election.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor