Chidambaram asks why BJP delaying GST on petrol, diesel

Former Union Minister P Chidambaram on Monday asked why BJP is delaying to bring petrol and diesel under GST when the party is in power in a majority of states in the country.

In a press held at party headquarter, Chidambaram stated that if the Centre brings petrol and diesel under GST, prices would come down.

"BJP is in Centre and they have governments in most of the states. Why are they blaming states? They have a majority and they (BJP) should do it, " he said.

Chidambaram said, "There is widespread anger about artificially fixed prices of petrol, diesel and LPG. There is absolutely no reason why prices should be higher today than what they were in May-June 2014. It is nothing but a case of fleecing the helpless consumer."

On the rise in inflation rate, he said, " Inflation is on the rise. Inflation expectations are high. No more proof is necessary than the hike in the repo rate a few days ago. Interest rates will rise, throwing more burden on consumers and producers."