Find a way to lessen petrol price hike burden:Cong

Oil companies today hiked petrol prices by Rs 1.80 per litre to offset the fall in rupee that has made imports of crude costlier.

Updated: Nov 03, 2011, 22:58 PM IST

New Delhi: Congress on Thursday asked the
government to find a "way out" so that the common man bears
the minimum burden of petroleum price hike.

”We are very sorry. We understand the problems of the
common man. Government will have to find a way. Some way has to
be found on the issue of hike in petroleum prices so that the
common man has to bear the minimum burden due to such hikes,"
party spokesperson Rashid Alvi said.

He at the same time added "we also understand the
compulsion of the government. Oil prices will rise according
to the international pricing of crude oil. Moreover, this is
the decision of oil companies which are now independent to
take their own decision."

The Congress spokesperson also said the impact of the
hike in petrol prices can be lessened if states cut down on
their taxes on petroleum products.

"Anyhow, the government will have to find out a way," he
said.

Oil companies today hiked petrol prices by Rs 1.80 per
litre to offset the fall in rupee that has made imports of
crude costlier.

PTI