Possible to Slash Petrol Prices by Rs 25 per Litre: P Chidambaram
Union Finance Minister P. Chidambaram says on Twitter it is possible to cut fuel price up to Rs 25 per litre, but the government will not do. They will cheat the people by cutting the price by Re 1 or Rs 2 per litre of petrol.
New Delhi, May 23: Congress leader and former Union Finance Minister P. Chidambaram on Wednesday criticised the Centre for the fuel price hike and claimed that the rate can be reduced by Rs 25 per litre but the government is not doing it.
"It is possible to cut up to Rs 25 per litre, but the government will not. They will cheat the people by cutting the price by Re 1 or Rs 2 per litre of petrol," he said over Twitter.
Across the four metropolitan cities, prices rose around 30 paise on Tuesday. In Delhi and Mumbai, the fuel was sold at Rs 76.87 and Rs 84.70 per litre, up from Rs Rs 76.57 and Rs 84.40 respectively on Monday.
"Bonanza to central government is Rs 25 on every litre of petrol. This money rightfully belongs to the average consumer.
"Central government saves Rs 15 on every litre of petrol due to fall in crude oil prices. It also puts an additional tax of Rs 10 on every litre of petrol," he added.
(The above story first appeared on LatestLY on May 23, 2018 11:08 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).