BJP demands rollback in petrol prices
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BJP demands rollback in petrol prices

Last Updated: Thursday, September 15, 2011, 22:59
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New Delhi: Terming the hike in petrol prices as "anti-people", BJP on Thursday demanded its rollback, alleging that the government's argument of inflation going up due to growth had fallen flat as cost of essential commodities was going up while GDP was falling.

"BJP condemns this hike in petrol prices by Rs 3 per litre. We demand a roll back as this measure is against the common man. The UPA allies of Congress should also oppose this hike," party spokesperson Shahnawaz Hussain said.

Government today announced a hike of Rs 3 per litre in price of petrol.

Hussain said inflation has touched double digits and government argument of growth leading to increase in prices does not hold good as GDP is falling.

"The government is losing sleep due to its concern for profits of oil companies. This hike in petrol prices has been done for their benefit," Hussain said.

He alleged that while the attention of the masses is focused on the slew of corruption cases and scams being unearthed, the government has used this opportunity to hike petrol prices "on the sly".

Another BJP spokesperson Rajiv Pratap Rudy said after this petrol price hike, the Congress and the UPA government headed by Prime Minister Manmohan Singh will have to be prepared "to face a million mutinies".

"This is betrayal of the nation reeling under severe price rise situation. Is this a vendetta of Congress government to the upsurge of protest against corruption being witnessed today?" Rudy said.

PTI

First Published: Thursday, September 15, 2011, 22:59

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INDIAN - INDIA
Its time to release KASAB, so that he can finish the FINAL task that`s been assigned to him. Its the task of finishing the Congress GOVT members in one single, because ``KASAB ne DESH ka NAMAK Khaya hai``. And again he can be sent to jail for safe custody to be released in case of another BLUNDER from the any Govt.
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Sachin Patil - Mumbai
Can someone explain the calculation of petrol prices? Last time prices were hiked, the crude was above USD100 and rupee exchange rate was 45. Today Crude is USD89 and rupee exchange rate is 48. what is the crude basket India uses? it is more of Brent or NYMEX? Zee News should uncover the formula used by Oil companies
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