City
Epaper

Hike in fuel price due to excise duty imposed by Centre, says Yechury

By ANI | Published: June 23, 2021 4:57 PM

Communist Party of India ( Marxist) General Secretary Sitaram Yechury on Thursday hit out at Petroleum Minister Dharmendra Pradhan for his comment on the hike in the fuel price in the country and said that the excise duty imposed by the Centre is the biggest reason for the increase in the price of the petroleum product.

Open in App

Communist Party of India ( Marxist) General Secretary Sitaram Yechury on Thursday hit out at Petroleum Minister Dharmendra Pradhan for his comment on the hike in the fuel price in the country and said that the excise duty imposed by the Centre is the biggest reason for the increase in the price of the petroleum product.

Speaking to ANI, Yechury said that when international prices were much higher, the prices domestically were much lower.

"All these are lame excuses and ask the Minister how many times the excise duty on petrol, diesel and petroleum products was increased. The biggest culprit for the high prices is the excise duty," he said.

Responding to Pradhan's remark that the previous government had left a debt of lakhs of crores of rupees over oil bonds, the CPI (M) General Secretary said, "Everything they do is because of previous years. That is their only excuse."

Accusing the Centre of looting people, he said, "Why are they increasing excise duty on petroleum products? Why are you continuously looting people by raising more and more revenue for the Central government and making people's lives miserable? They have no answer to these questions. Their only objective is to loot. And if anything goes wrong they blame the previous government."

Earlier in the day, Pradhan had said that there has been a rise in the prices of crude oil in the international market and to fulfill the domestic needs, 80 per cent oil has to be imported, which is the main reason for the rise in prices of petrol and diesel.

He also accused the previous UPA regime of fuel price hike stating that Congress had left millions of crores of rupees due on the present government, following which the Centre has to pay both its interest and its price.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: upaDharmendra PradhanSitaram YechuryCommunist Party Of IndiaPetroleum & natural gas and minister of steelUnion minister for petroleum and steelAll india kisan mazdoor sabha
Open in App

Related Stories

NationalLok Sabha Election 2024: CPI Announces Names of Candidates for Four Constituencies in Jharkhand

NationalAfter Congress, CPI Receives Income Tax Notice for Rs 11 Crore 'Dues' Over Use of Old PAN Card, Say Sources

NationalLok Sabha Elections 2024: CPI To Go Solo in Jharkhand, Parts Ways With I.N.D.I.A Bloc

NationalUnion Education Minister Dharmendra Pradhan Announces Option for Students to Take 10th, 12th Board Exams Twice From 2025-26

NationalFinance Minister Sitharaman Accuses UPA of Prioritizing Family Over Economy During 2008 Crisis

Politics Realted Stories

PoliticsDecision to Give Chief Minister Post to Congress in 2004 Was Strategic, Says Sharad Pawar

PoliticsBJP Will Not Cross 200-Seat Mark in Lok Sabha Election, Says Mallikarjun Kharge

PoliticsPM Modi Reacts to Potential NCP (SP) Merger with Congress: Is Sharad Pawar Nervous about Baramati?

PoliticsArvind Kejriwal Counters PM Modi’s Critique of AAP Scheme, says “Why Can’t Women Get Free Bus Rides When....?"

Politics"Whatever I Have Learnt In Politics Has Been Taught By Amethi’s People": Rahul Gandhi