Cong accuses govt of ‘looting’ individuals by growing excise obligation on petrol, diesel

The Congress chief claimed that the federal government earned Rs 39.54 lakh crore from the petroleum sector within the final 11 years, but it didn’t give any aid to individuals.
“In Might 2014, crude oil was USD 108/barrel, right this moment it’s only USD 65.31 — i.e. 40 per cent cheaper, but the costs of petrol and diesel are greater than the UPA period,” Ramesh stated.
“In 2014, petrol in Delhi was Rs 71.41 and diesel Rs 55.49 per liter. Immediately the identical petrol is Rs 94.77 and diesel Rs 87.67 per liter — the general public is being overtly looted. Who’s benefiting?” he requested.
The Congress chief stated together with authorities corporations, the non-public oil corporations are additionally incomes big income from refining and advertising, whereas the widespread man is burdened with costly petrol and diesel.
“The problem is critical! CAG ought to audit how the federal government insurance policies benefited these non-public corporations. CVC and CBI ought to examine whether or not there was deliberate negligence or collusion on this?” Ramesh stated.
“Public cash must be accounted for — accountability have to be mounted,” he asserted.
The Congress normal secretary shared a media report, which said that oil corporations had been benefiting huge time however now reducing costs for individuals.
The Congress had final week taken a swipe on the authorities over the hike in excise obligation on petrol and diesel, with Rahul Gandhi stating Prime Minister Narendra Modi lastly gave a befitting reply to “tariffs”.
Gandhi had additionally stated that folks affected by inflation had been given one other present of “authorities loot”.
The federal government hiked excise obligation on petrol and diesel by Rs 2 per litre every. The excise obligation on petrol was hiked to Rs 13 per litre and that on diesel to Rs 10 a litre.