As the Congress-led Opposition led a nationwide strike to protest the increase in petrol and diesel prices on Monday, and resolved to keep up the pressure on the government with more protests in the days to come, the Centre ruled out any cut in fuel prices.
If the Congress accused the Narendra Modi government of Rs 11 trillion "loot" of taxes collected from common people by keeping petrol and diesel prices high when international prices were low, a top government official said neither the Centre nor some states had the appetite to stomach revenue loss from a cut.
ALSO