"Government profiteering continues": Mallikarjun Kharge slams Centre on fuel price hike amid global crude oil slump
New Delhi [India], May 26 (ANI): Congress President Mallikarjun Kharge on Tuesday attacked the Centre over rising fuel prices, questioning the rise in petrol and diesel rates despite a decline in global crude oil prices.
In a post on X, Kharge accused the government of burdening the common man while continuing to profit from fuel taxes and price hikes.
"Hath kangan ko arsi kya padhe likhe ko farsi kya
Referring to figures cited in an official statement by the Press Information Bureau (PIB), Kharge said that when Prime Minister Narendra Modi assumed office on May 26, 2014, crude oil prices stood at USD 108.05 per barrel and the rupee-dollar exchange rate was Rs 58.59.
"At that time, petrol was available at Rs 71.51 and diesel at Rs 56.71 per litre. Today, the price of crude oil is less than USD 99 per barrel, but the prices of petrol and diesel have risen to Rs 102.12 and Rs 95.20 per litre, respectively," Kharge said.
"In other words, crude oil has become cheaper, but petrol has become about 42.8 per cent more expensive, and diesel about 67.9 per cent more expensive," he added.
"Every economist knows that the inflation in petrol and diesel affects every sector. From transportation to food items, the burden of inflation on the common man increases. Despite this, the government's profiteering continues. The question is straightforward: when crude oil has become cheaper, why have petrol and diesel become more expensive? Why is there no relief for the public?" he said.
The remarks come amid a fresh round of fuel price hikes across the country. Petrol and diesel prices were revised upward again on Monday, marking the fourth increase in less than two weeks.
In Delhi, petrol prices crossed the Rs 100 mark and are now retailing at Rs 102.12 per litre, while diesel prices rose to Rs 95.20 per litre. Prices also increased in Mumbai, Kolkata and Chennai.