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14/05/2018

PETROL PRICES ARE INCREASED

Bangalore,May 14,(way2newstv.in):
Karnataka Legislative Assembly polls have again wiped out of fuel prices. About three weeks later petroleum companies raised petrol and diesel prices. Without a change in petrol and diesel prices for 19 days after the day-to-day review of the Karnataka elections, However, on Monday, the levy rose to 17 paise per liter on petrol and 21 paise on diesel. With this hike, the petrol price in the national capital is Rs. Diesel Rs. Reached 66.14. Diesel prices have reached a record high and Petrol has reached a 56-month high. IOC chairman Sanjeev Singh has dismissed the allegations that oil companies did not increase petrol and diesel prices for three weeks to benefit BJP in Karnataka.


PETROL PRICES ARE INCREASED

"We have announced that we will suspend price revision to prevent panic risks from consumers on price rise," he said. On the other hand, the opposition is breaking off on the center of price rise. Petrol rates have risen sharply after the NDA came into power. The excise duty increased by 9 times between 2014- 2016 and criticized the government for having more than Rs 1 lakh crore. In October last year, following the Gujarat polls, there was criticism that the excise duties were cut by Rs 2 per liter in the case of eye wipe. The IOC has reduced prices for 1-3 paise per liter in the first two weeks of December 2017, due to the Gujarat elections. The day after the election was over again.

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