Home / Business / Fuel Price Record High : P Chidambaram Demands Fuel Be Brought Under GST, Chandrababu Naidu Warns Of Rs 100

Fuel Price Record High : P Chidambaram Demands Fuel Be Brought Under GST, Chandrababu Naidu Warns Of Rs 100

Representational image
Representational image

The rise is prices of petrol and diesel continued to increase for the tenth consecutive day as it touched a new record high. As the government struggles to find answers to control the price rise. The Opposition has slammed the government over the issue and its inept handling .

Andhra Pradesh Chief Minister N. Chandrababu Naidu, slammed the Centre over high fuel prices. “Petrol will soon cost ₹100. They are going to hit a century. And, the rupee will also touch the century mark. You can then buy petrol paying a dollar,” Mr. Naidu told reporters during a press conference in Amravati.

Former Finance Minister and senior Congress leader P Chidambaram said , nce the prices of petrol and diesel vary from state to state due to local levies, Congress has demanded that fuel should also be brought under the ambit of goods and services tax (GST) immediately.

Congress demands that petrol and diesel be brought under GST immediately.

 

“Relentless rise in prices of petrol and diesel is not inevitable. Because, the price is built up by excessive taxes on petrol and diesel. If taxes are cut, prices will decline significantly.”

 

 

The price of Petrol is ₹86.56 per litre in Mumbai, ₹78.84 in Delhi, ₹81.76 in Kolkata and ₹81.92 in Chennai. In the past five months, petrol and diesel prices have gone up by Rs 4.66 a litre and Rs 6.35 a litre.

Petrol in Delhi was selling at Rs 78.52 per litre, nine paise higher than its previous record high of 78.43 on May 29 this year. In Kolkata, Mumbai and Chennai, petrol prices stood at Rs 81.44, Rs 85.93, Rs 81.58 per litre respectively.

About Impactnews Desk

Check Also

Representational Image

Rupee Position : Against The US Dollar, Rupee Rises 67 Paise As Crude Oil Prices Drop

The rupee appreciated 67 paise to 72 against the US dollar at the interbank foreign …

Leave a Reply

Your email address will not be published. Required fields are marked *