Modi pulls up Manmohan Govt. over petrol price hike

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Udaipur, May 24: Gujarat Chief Minister Narendra Modi on Thursday took the Congress-led UPA to task over the petrol price hike, saying this step has established the fact that the government in New Delhi is incapable of ruling the country.

“The government-led by Prime Minister Manmohan Singh, has exhibited its failure yesterday (May 23). Just after presenting a report card on the three years of their rule, they hiked the prices of petrol. This step has established the fact that the government in New Delhi is incapable of ruling the country, and therefore, there is anger among the people of the country,” said Modi.

“I would want the Prime Minister to take the present condition of the country with some seriousness and withdraw the petrol price hike. Not only this, he had also promised the country that they would bring down inflation within 100 days of winning the polls. He has not been successful in bringing down inflation,” he added.

In the steepest ever increase, the UPA-II Government on Wednesday raised petrol prices by about a massive Rs 7.54 per litre, the first hike in rates in six months.

The hike in prices means that the price of petrol in Delhi will go up from Rs.65.64 per litre to Rs.73.14 per litre. In Mumbai, the price will go from Rs.70.66 per litre to Rs.78.16 per litre. In Kolkata, the price will go from Rs.70.03 per litre to Rs.77.53 per litre In Chennai, the price will go from Rs.69.55 per litre to Rs.77.05 per litre.

State-owned oil companies have decided to raise petrol price by Rs 6.28 per litre excluding local sales tax or VAT. The hike translates into Rs 7.50 per litre in Delhi and is the steepest ever.

The decision to hike petrol prices came a day after the end of the Budget Session of Parliament. (ANI)