Bihar Chief Minister Nitish Kumar today alleged that the UPA government had withheld the hike in price of petrol, effected recently, because of elections in five states.
"The petrol price hike had been withheld for some months... But the measure will have a cascading effect on the prices of other goods," he told reporters here.
The latest petrol price hike by the state-owned petroleum companies as an 'opportunistic' step, he said adding now that the elections were over the Centre might also increase the prices of cooking gas and diesel.
Referring to the Congress, Kumar said it had 'hardly gained' anything in the just-concluded round of assembly elections.
There was nothing to be happy for Congress in West Bengal where the poll result was solely the victory of Trinamool Congress of Mamata Banerjee.
Congress' alliance lost in Tamil Nadu and had to face a keen contest by Kerala Chief Minister V S Achyutananadan, he added.
You’ve reached your limit of 10 free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories
Over 30 subscriber-only stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app