'Centre's Move To Slash Fuel Prices Borne Out Of Fear, Not From Heart,' Says Priyanka Gandhi

Priyanka Gandhi has slammed the Modi government for reducing the price of petrol. She said that the decision was taken out of fear, not from the heart.

Priyanka Gandhi. (File Photo)

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Priyanka Gandhi on Petrol Price: On the occasion of Diwali, the Narendra Modi government has given relief to the masses from rising petrol and diesel prices. The government has reduced excise duty on petrol and diesel by Rs 5 and Rs 10 respectively. Reduced prices will come into effect from today. Priyanka Gandhi has slammed the Modi government over the central government's decision. She said that the government has reduced prices out of fear.

'Decision out of fear, not from the heart'
Congress General Secretary Priyanka Gandhi tweeted, "This is a decision out of fear, not from the heart. The recovery is to answer the government's loot in the coming elections." Priyanka Gandhi has been constantly attacking the issue of inflation and unemployment. Now, she has slammed the Modi government for reducing petrol prices. 

States that also reduced the fuel price:
Shortly after the central government reduced excise duty on fuel, the prices of petrol and diesel were also brought down in several BJP ruled states. These include Uttar Pradesh, Manipur, Goa, Uttarakhand, Karnataka, Assam and Tripura. Diesel prices have been reduced here by up to Rs 7. 

Petrol and diesel cheaper by Rs 12 in UP
After the reduction of excise duty by the Centre, the Uttar Pradesh government also reduced VAT on petrol and diesel by Rs 7 and Rs 2 respectively. Thus, in Uttar Pradesh, the prices of diesel and petrol will go down by Rs 12 per litre.

The decision will reduce the Centre's revenue by Rs 8,700 crore per month. For the remainder of the current fiscal, the impact on the revenue would be Rs 43,500 crore.