Petrol Diesel Price: Petroleum Minister reveals reasons for increase in petrol and diesel prices – Why are prices of petrol and diesel increasing? Petroleum minister explains

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Petrol Diesel Price: Union Petroleum Minister Dharmendra Pradhan has explained the reasons for the daily rise in petrol and diesel prices. International …

Petrol Diesel Price: Union Petroleum Minister Dharmendra Pradhan has explained the reasons for the daily rise in petrol and diesel prices. He said energy products in the international market were declining and manufacturing countries were producing less fuel for higher profits. The Organization of the Petroleum Exporting Countries (OPEC) has urged OPEC countries not to reduce petroleum production. He said the reduction in petroleum production was having an impact on India.

Corona costs have an impact on price rise:

However, the impact of costs on the corona epidemic was also felt on price increases. He said the central government and the Union Territories were raising fuel prices with the aim of generating revenue for various development programs.

Opposition

In April last year, our country supported the decision of the major oil producing countries to reduce petroleum production due to falling demand for petro products under the Kovid-19 effect. For the 12th day in a row, the Congress and other opposition parties are angry with the central government over rising petrol and diesel prices. The government recently responded in Parliament by saying that states were also responsible for the rise in prices. He said it was not right to blame only the central government and state governments for increasing VAT on petrol and diesel.

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