Former Finance Minister Yashwant Sinha criticizes rising fuel prices


“It is sad to know that the government is using profits,” Sinha said when fuel prices rose (File)


Former Union finance minister Yashwant Sinha said today that the center is using “profits” by increasing fuel prices daily.

On the one hand, the Center announced a crore package of 20 rupees to boost the economy, while on the other hand, it “stole” people who move in motorcycles, scooters and other vehicles, it said. -he says.

While diesel prices rose for the 21st consecutive day on Saturday, gasoline prices were increased 20 times in three weeks.

“There are occasions when the rise in gasoline and diesel prices (prices) becomes imperative. But I can tell you, based on my experience, that this is nothing but profit in the circumstances today, “Sinha said at a press conference in Patna. .

“It is unfortunate and sad to know that the government is using the profits,” he said.

Sinha said it is well known that “the price of crude oil is low in the international market”.

The price of gasoline has been raised today by 25 pais per liter and diesel by 21 paises per liter, bringing the cumulative price increase in three weeks to Rs 9.12 and Rs 11.01, respectively.

On June 7, the oil companies resumed cost-cutting after resuming an 82-day hiatus in which they adjusted the government’s sharp increases in excise duties against falling rates. international reference for petroleum.

(With the exception of the title, this story was not edited by GalacticGaming staff and is published from a syndicated feed.)


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