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Massive petrol price hike is failure of Cong led UPA, says Modi

Ahmedabad, May 24 : Reacting to the steep hike in petrol prices, Gujarat Chief Minister Narendra Modi today termed the step as failure of the Congress led UPA government.  “Massive hike in petrol prices is

India TV News Desk India TV News Desk Updated on: May 24, 2012 7:57 IST
massive petrol price hike is failure of cong led upa says
massive petrol price hike is failure of cong led upa says modi

Ahmedabad, May 24 : Reacting to the steep hike in petrol prices, Gujarat Chief Minister Narendra Modi today termed the step as failure of the Congress led UPA government. 




“Massive hike in petrol prices is a prime example of the failure of Congress led UPA government. This would put a burden of hundreds of crores on Gujarat,” Modi, wrote on his twitter account.

The decision to hike price and pass on the burden to people comes barely 24 hours after the parliament session getting over, which shows that the house was kept in dark over the issue, Modi said.

This isan insult to parliamentary democracy, and people will not forgive the government for it, he said.  

Petrol in Gujarat costs around Rs 69-70 per litre and after an increase of nearly Rs 7.92 per litre it will be close to Rs 78 per litre in Ahmedabad, Gujarat Petrol Pump Association President Kiran Patel said.

The basic hike in petrol price of Gujarat is of Rs 6.28 per litre, after levy of 23 per cent VAT and 3 percent cess another Rs 1.64 per litre is added, which takes the net fuel hike per litre between Rs 7.92-7.95, he said.
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