Tuesday, August 9, 2022

Fuel Price Hike: Rahul-led Congress stages protest at Vijay Chowk

On Thursday, Congress MPs led by Rahul Gandhi protested the increase in fuel prices at Vijay Chowk.

Senior politicians Adhir Ranjan Chowdhury, Mallikarjun Kharge, and Abhishek Singhvi marched with signs reading “Roll back gasoline price increase.”

“Today, under the leadership of Rahul Gandhi, we are holding nationwide protests against fuel and LPG price hikes,” said Congress leader and Rajya Sabha LoP Mallikarjun Kharge.

To challenge the BJP-led central government on the issues of inflation and fuel price hikes, the Congress Party has decided to launch a nationwide campaign against price increases called “Mehngai Mukt Bharat Abhiyan,” in which it will organise rallies and marches across the country from March 31 to April 7.

Fuel prices continue to climb, with petrol and diesel rates increasing by another 80 paise per litre on Thursday, for a total increase of nearly Rs 6.40 per litre in nine revisions in ten days. Petrol currently costs Rs 101.81 per litre in the national capital, while diesel costs Rs 93.07 per litre. In Mumbai, petrol and diesel prices have risen by 84 paise, costing Rs 116.72 and Rs 100.94 a litre, respectively.

In Chennai, the price of petrol is Rs 107.45 (up 76 paise) per litre, while diesel is Rs 97.52 (up 76 paise) per litre. In Kolkata, the price of petrol is Rs 111.35 per litre (an increase of 83 paise) and diesel is Rs 96.22 per litre (an increase of 83 paise) (increased by 80 paise).

There had been a hiatus in the modification of gasoline prices since November 4 of last year, which was interrupted on March 22 when crude oil rose in response to Russia’s military activities in Ukraine.

Notably, on November 3, last year, the Centre reduced excise tax on petrol by Rs 5 per litre and diesel by Rs 10 per litre in order to reduce retail prices across the nation. Following this, numerous state governments decreased the Value-Added Tax (VAT) on gasoline and diesel in order to offer assistance to the public.

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