Petrol must sell for maximum Rs 40 per litre: Dr Swamy
First Published Dec 8, 2020, 7:57 AM IST
BJP MP Subramanian Swamy has lashed out his own government after petrol prices skyrocketed to a two-year high.
In a Tweet, Dr Swamy said: "Petrol price at Rs 90 per litre is a monumental exploitation by GoI of the people of India. The price ex-refinery of petrol is Rs 30/litre. All kinds of taxes and Petrol pump commission add up the remainder Rs 60. In my view petrol must sell at max Rs 40 per litre."
Petrol and diesel rates in the country are now at the highest level since September 2018.
Petrol prices have witnessed a hike on six consecutive day and the 15th increase in rates since November 20 when oil companies resumed daily price revision after nearly two-month hiatus.
On Monday, petrol price in the National Capital went up to Rs 83.71 per litre from Rs 83.41. Diesel rates went up from Rs 73.61 to Rs 73.87 per litre, according to a price notification of oil marketing companies.
Petrol prices in Mumbai were past the Rs 90-mark while diesel rates crossed Rs 80 in case of diesel in Mumbai. In Mumbai, petrol and diesel prices were raised to Rs 90.34 per litre and Rs 80.51 per litre respectively.
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