In the seven states of the country, the public is troubled by the price of petrol crossing Rs 100 and diesel prices are rising and inflation is likely to increase. Meanwhile, Union Petroleum and Natural Gas Minister Dharmendra Pradhan said on Monday that the price of petrol and diesel has risen in the country as crude oil prices have risen in the global market. Pradhan has admitted that petrol and diesel prices have increased in recent times. He said the GST Council would take any decision on the issue of petrol and diesel under the Goods and Services Tax (GST). It is believed that if petrol and diesel are covered by the GST, their prices will be reduced.
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“The main reason behind the rise in the price of petroleum products is that crude oil has reached $ 70 per barrel in the international market. This has led to an increase in prices in the domestic market, which has a negative impact on consumers. India imports 80 percent of its oil demand. The Minister of Petroleum Industries was responding to the query by saying that Pradhan had reached Gandhinagar when he signed a memorandum of understanding between the Gujarat government and the IOC on the expansion of Indian Oil Corporation’s Vadodara base.
Fuel must be brought under GST
Asked about his stance on bringing petrol and diesel under the GST regime to provide relief to the public from rising fuel prices, Pradhan said he agrees with the view. He said, “Petrol and diesel prices follow global markets. I am of the opinion that the fuel in charge of the sector should be covered by the GST, but this is done only when the members of the GST Council agree. The GST Council can take any decision in this regard.
Rahul Gandhi attacked the central government
Earlier in the day, Congress leader Rahul Gandhi attacked the central government over rising petrol and diesel prices. The wave of the tax collection epidemic is constantly coming, he said. Rahul Gandhi made this statement at a time when petrol prices are above Rs 100 per liter in many cities of the country. In Delhi it costs Rs.
