No relief on petrol price hike, govt. says, tax levied being used for development projects

Petrol prices have gone up by ₹2.54 a litre and diesel by ₹2.41 a litre since May 14. With international prices of crude and petrol-diesel still rising, any relief will be possible only through Government intervention.
There was wide spread speculation that the Union Cabinet might discuss and decide on some relief to the consumer.

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