Govt cheats Indians with high Petrol price, UPA exposed

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Petrol Price Hike
New Delhi/Panaji, Mar 30: Congress led UPA government seems to have duped the nation with high petrol prices. The central government could have restricted the fuel price within Rs 40-45/litre but the government charges Rs 16-17 extra. [UPDATE: Petrol Price likely to be hiked in India by April 1]

The shocking facts have been revealed by Goa Chief Minister Manohar Parrikar who blamed the central government for current high petrol price in India and also claimed that he soon will expose the UPA government.

During a telephonic interview with the Firstpost, Parrikar has been quoted as saying, "I want to expose the Central Government on the petrol prices. It’s an artificial hike created by the Central Government. The Centre is simply looting the people."

"It (central government) is charging additional Rs 16-17 a litre of petrol in the name of excise and custom duty," added Parrikar.

Goa state government recently announced a reduction in the price of petrol by Rs 11 per litre. The current petrol price is Rs 66 per litre and the proposed reduction will make it the cheapest in Goa, once the state budget is passed.

Discussing his impressive decision, Parrikar stated, "Just examine the international market of petrol for the past two years. There is a fluctuation in prices, but on average, the petrol price has remained around $100 a barrel at any point of time. This means that the petrol price should be around Rs 40 or 45 a litre."

Meanwhile, reports informed prices of petrol in metro cities in India, such as Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata also might be slashed if the state governments follow the tactics of Goa of not imposing sales tax on petrol. Petrol price in Delhi and Karnataka might be reduced by Rs 15 and Rs 15.5 per litre, respectively.

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