New Delhi, Sep 13 (ANI): The Bharatiya Janata Party (BJP) on Thursday condemned the Congress-led UPA Government’s decision to hike the price of diesel by Rs. 5 per litre, saying this steep increase will have a cascading effect on inflation and price rise.
BJP National General Secretary Ananth Kumar said the increase in diesel price would eventually hit the common man and farmers of the country.
“And at the same time, the cap that has been cramped on the number of cylinders is highly condemnable. In the NDA rule there was no deficit. There were only surpluses and free supply of cooking gas cylinders,” said Kumar.
“Unfortunately, under Manmohan Singh’s regime once again they brought back the controlled economy, the ‘license quota permit raj’, which is a regressive step,” he added.
The Cabinet Committee on Political Affairs earlier today approved a Rs. 5 hike in the price of diesel.
The Rs. 5 increase does not include value added tax. Diesel will now cost Rs. 46.32 per litre in New Delhi, and Rs. 51.25 in Mumbai.
The prices of petrol, LPG and PDS kerosene have been left unchanged, but the government has restricted the sale of subsidized LPG to six cylinders a year for each household.
The decision was taken at a meeting held at Prime Minister Dr. Manmohan Singh’s official 7, Race Course Road residence here.
Union Petroleum and Natural Gas Minister S. Jaipal Reddy had earlier on Tuesday said that the hike in fuel prices is unavoidable.
“I would like to tell the people, in all humility, that increase is unavoidable. It will not give us pleasure. We will have to perform our unpleasant duty,” he said.
State-run oil marketing companies are losing Rs. 550 crore everyday on under-recoveries as a result of higher crude prices in the global markets.
They make a loss of Rs. 17/litre on diesel sales, Rs. 32.7/litre on kerosene sales, and Rs. 347/cylinder on cooking gas sales every day. (ANI)