Petrol prices rose more during NDA rule: Jaiswal
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Petrol prices rose more during NDA rule: Jaiswal

Last Updated: Saturday, November 12, 2011, 19:29
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Allahabad: Facing BJP criticism of the recent steep rise in petrol prices, Union Minister Sri Prakash Jaiswal on Saturday claimed oil price hike under the UPA government in the country has been much less frequent than during BJP-led NDA rule.

"Oil prices are affected by fluctuations in the international market over which the Indian government has no control. But, we would like to point out to detractors that petroleum prices used to rise more frequently during the six years that the BJP-led NDA was in power.

"It is appalling to see the same coalition criticizing us when prices jump not more than once a month", Jaiswal, Union Coal Minister and Congress leader, told reporters here.

Jaiswal accused the state governments of failing to do their bits in bringing relief to consumers by cutting down on their share of taxes.

"Governments of Congress-ruled states Delhi and Maharashtra did so when prices had risen a few months ago. Why are other state governments not ready to follow the example", he added.

Asked about the Centre's own share of taxes contributing to the rise in petroleum price, the Union Minister said "our tax rates have remained constant. We have, under no circumstances, affected a rise in the tax rates. That is the most we could do".

Replying to a query on the Kingfisher Airlines' demand for a bailout package, Jaiswal said "if such a request is formally placed before the central government, an appropriate decision will be taken after a thorough assessment".

PTI

First Published: Saturday, November 12, 2011, 19:29

Comments

Harcharan Mehta - Toronto,Canada
This is misleading.The price of petrol was only 67 paise before 1971 Bangla desh war and suddenly it was Rs. 1.67 and then never came down.The inflation ,devalation of rupee kicked in .
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