Explorer

Fuel Prices Slashed Earlier, Ready For More Measures If Required: Hardeep Puri In Rajya Sabha

Puri also gave a comparative data of fuel price hike in USA, Canada, Germany, UK, France, Spain and Sri Lanka during the same period.

New Delhi: Amid speculation of hike in fuel prices, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri Monday said that his government in the past has taken measures to curb rising prices, and is ready to take more steps in this regard if required, reported news agency ANI.

He also pointed out that several states did not take measure of slashing state tax imposed on fuel, which could have pulled down the prices further.

While speaking at the Rajya Sabha, the minister said, "When we saw that relief needs to be provided to consumers, PM slashed rates on 5th Nov 2021. We took some steps & ready to take more...9 states didn't do it. Taxation is only one aspect, we've to provide relief to consumers at point of consumption."

Puri also gave a comparative data of fuel price hike in USA, Canada, Germany, UK, France, Spain and Sri Lanka during the same period.

"I have the comparative data for the USA, Canada, Germany, UK, France, Spain, Sri Lanka & India. In all those countries, the price of petrol during this representative period has gone up by 50%, 55%, 58%, 55%. In India, it has gone up only by 5%, added Puri, as quoted by ANI.

In November last year, ahead of the sate assembly elections, the government had slashed fuel prices. But speculations are now rife that Indian oil companies may increase the rates in view of the escalating oil prices due to the Russian invasion of Ukraine. 

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

'You Will Be Chief Minister Someday': Fadnavis Tells His Deputy Ajit Pawar, Shares 24-Hour Work Plan
'You Will Be Chief Minister Someday': Fadnavis Tells His Deputy Ajit Pawar, Shares 24-Hour Work Plan
'Motion' To Remove Jagdeep Dhankhar As Rajya Sabha Chairman Dismissed On Technicality. Here's What Happened
'Motion' To Remove Dhankhar As RS Chairman Dismissed On Technicality
Rahul Gandhi Sports Blue T-Shirt To Protest Ambedkar's 'Insult'. Know Why Blue Is Linked With Dalit Resistance
RaGa Sports Blue T-Shirt To Protest Ambedkar's 'Insult'. Know Why Blue Is Linked With Dalit Resistance
'I Never Thought...': Ravichandran Ashwin Responds To Father's Controversial Remarks
'I Never Thought...': Ravichandran Ashwin Responds To Father's Controversial Remarks
Advertisement
ABP Premium

Videos

Rahul Gandhi Linked to Incident That Led to BJP MP Mukesh Rajput’s HospitalizationBJP MP Mukesh Rajput Hospitalized in ICU After Alleged Push by Rahul GandhiHeated Exchange in Parliament as Opposition Targets Amit Shah Over Ambedkar RemarksLucknow Protest Turns Tragic: Congress Worker Dies, Police Investigation Underway

Photo Gallery

Embed widget