Petrol Bomb: Rs.81/Litre In Hyderbad
The Central government has given shock to Petrol users after finishing the budget sessions. In a strategic movie, Congress government has hiked the price of fuel once again at the behest of Oil companies in the country.
Petrol bomb has exploded once again on the heads of consumers as the price is going to soar from midnight today. A hike of Rs.7.50 per litre is going to get implemented, striking consumers on their head. This will cost a whopping 81 rupees / litre in Hyderabad city alone. While the government is giving many exemptions to industrial and corporate sectors, it is a shame that Centre's treasury is empty to give relief to middle-class people of the country in the case of petrol.
Though the crude oil price in international market is not escalating, Government failed once again to control the soaring price of this commodity. According to Petroleum minister Jaipal Reddy, this immediate raise of fuel prices is due to the depreciating value of Rupee and its effect on oil import bill.