Govt earned Rs 23 trn by increasing fuel, gas prices in last 7 years: Rahul

Congress leader Rahul Gandhi on Wednesday slammed the government about the climbing price tag of domestic cooking gas, diesel and petrol, and alleged that an amount of money of Rs 23 lakh crore has been attained by rising selling prices of these commodities in the very last 7 a long time.

He also alleged that whilst sections this kind of as farmers, salaried class and labourers ended up being demonetised, a couple industrialist buddies of Prime Minister Narendra Modi ended up being monetised.

At a press convention, Gandhi said the government has occur up with a new principle of GDP, whereby a rise in GDP implies a rise in selling prices of Fuel, Diesel and Petrol.

The former Congress chief alleged that the government has attained Rs 23 lakh crore from rising selling prices of gas, diesel and petrol in the very last 7 a long time, and said the people today of the place ought to question exactly where is this dollars likely.

“On 1 hand there is demonetisation and on the other there is monetisation. Whose demonetisation is using place — farmers, labourers, little traders and casual sector, MSMEs, agreement staff, salaried class and trustworthy industrialists. Whose monetisation is using place — 4-5 buddies of Prime Minister Narendra Modi,” Gandhi said.

The Congress leader alleged that a transfer of wealth is using place from the poor and the weak to the key minister’s buddies.

He said that the government was panicking about not being capable to fulfil its guarantees and was surviving on gasoline selling prices. Gandhi extra that the day when the worldwide crude oil selling prices rise to about USD 90-one hundred, the predicament will spiral out of command in this article.

He also as opposed figures of cooking gas cylinders, petrol and diesel between the time when UPA was in electric power in early 2014 to now.

The LPG gas price tag was Rs 410 for every cylinder in 2014 when the UPA (Congress-led United Progressive Alliance) was in electric power, now it is Rs 885. Petrol was at Rs seventy one.five for every litre in 2014 when the UPA was in electric power, now it is Rs one hundred and one and diesel has risen from Rs 57 to Rs 88, Gandhi said.

International selling prices of petrol, diesel and cooking gas are down given that 2014, but selling prices are still climbing in India, he said.

The Congress get together has been attacking the government about the rise in petrol, diesel and LPG selling prices and has been demanding a reduction in them by eliminating some of the taxes imposed by the central government.

The selling prices of Liquefied Petroleum Fuel (LPG) cooking gas cylinders across all types including subsidised gas on Wednesday ended up hiked by Rs 25 for every cylinder — the third straight increase in fees in much less than two months.

Subsidised as properly as non-subsidised LPG now costs Rs 884.50 for every fourteen.2-kg cylinder in Delhi, in accordance to a price tag notification of oil businesses.

(Only the headline and photo of this report may possibly have been reworked by the Company Normal workers the relaxation of the articles is car-produced from a syndicated feed.)

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