If the government wants, prices of oil may be reduced 25 rupees per liter: P Chidambaram
- By IBTN News Bureau --
- 23 May 2018
Former finance minister of India P Chidambaram has said that if the government wants the prices of oil may be reduced 25 rupees per liter. Stating that the Center was responsible for the increase in prices, he said that the government is saving 15 rupees per liter from petrol on the petrol low price. Even after this, additional tax of 10 rupees per liter is being levied on petrol.
In India, the central government has given such hints that it will not decide on the relief of petrol and diesel prices in haste. Rather, he is discussing long-term solutions to deal with these situations. In such a situation, the prices may have to wait for relief.
After the Cabinet meeting led by Prime Minister of India Narendra Modi, Union IT and Law Minister Ravi Shankar Prasad said that petrol-diesel was discussed and there was concern too. After the government had put an end to the control of oil prices, after which prices have been reduced several times. In this context the discussion is going on in the government and long-term solution is being considered. Whatever the decision will be made after the discussion is complete, it will be told.
Public sector oil companies have also indicated that the government reviews prices to provide relief to the people, they have no objection. Chairman of Hindustan Petroleum Corporation Mukesh Kumar Surana said that it is necessary to review the prices for the relief of the common man.
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