TRS working president and Minister K.T. Rama Rao has demanded that the Central Government take steps to reduce prices of petroleum products in line with the declining prices of crude oil in the international market and provide at least some relief to consumers who are burdened with taxes ever since the BJP government took the reins.
Mr. Rama Rao wondered why the Centre was not reducing the petrol prices in spite of the fact that crude oil prices in the international market dropped below US $ 100 a barrel. The inefficient policies and rule of the current dispensation had imposed huge burden on people and the hollowness in the claims of the Central Government citing international prices as reasons for high petro prices stood exposed now.
“Prices of crude in international markets had been on the decline ever since Prime Minister Narendra Modi Government came to power. The prices, however, continue to rise in the country,” he said. He accused the Centre of increasing excise duties and collecting cesses from people rather than passing the benefit of reduced prices on to the consumers. “Petro prices have been on the upward spiral since Mr. Modi Government took over. The government is serving the interests of corporates at the expense of the common man,” he alleged adding that the Centre was gradually diluting all the institutions created for public good.
