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Massive petrol price hike is failure of Cong led UPA: Modi

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Press Trust of India Ahmedabad

"Massive hike in petrol prices is a prime example of the failure of Congress led UPA government. This would put a burden of hundreds of crores on Gujarat," Modi, wrote on his twitter account.

The decision to hike price and passing on the burden to people comes barely 24 hours after the conclusion of Parliament session, which shows that the House was kept in the dark over the issue, Modi said.

This is an insult to Parliamentary democracy, and people will not forgive the government for it, he said.

Petrol in Gujarat costs around Rs 69-70 per litre and after an increase of nearly Rs 7.92 per litre it will be close to Rs 78 per litre in Ahmedabad, Gujarat Petrol Pump Association President Kiran Patel said.

 

The basic hike in petrol price of Gujarat is of Rs 6.28 per litre, after levy of 23 per cent VAT and 3 per cent cess another Rs 1.64 per litre is added, which takes the net fuel hike per litre between Rs 7.92-7.95, he said.

  

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First Published: May 24 2012 | 12:05 AM IST

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