JOIN US"This decrease of Rs 2 per litre is too little, too late. The last two hikes were totally unjustified. People will not be satisfied with this. The government has imposed this burden by increasing petrol prices five times in the last few months. We want that the decrease should be at least Rs 5 per litre," BJP spokesperson Prakash Javadekar said.
He insisted no argument- be Rupee volatility or increase in international crude prices- justifies the hike in petrol prices.
"Unless the government revisits the tax structure being followed for petro products, there will be no relief for the people. When prices in other countries are pegged at around Rs 42-45 per litre for petrol at purchasing power parity, we are buying petrol at such high prices," Javadekar said.
BJP also hit out at the government for "failing" to control inflation, with the October figures showing a high of 9.73 per cent.
"This is a testimony to complete failure of Congress- led UPA government's economic policies and RBI's fiscal measures. Unless the government addresses supply side constraints, it won't succeed in controlling inflation," Javadekar said.