New Delhi, 16/8: The common man is badly troubled by the skyrocketing prices of petrol and diesel. Not only this, due to the increase in the cost of transportation due to the increase in diesel prices, the prices of everyday items have also increased. In such a situation, there is a demand to cut the prices of petrol and diesel continuously. Meanwhile, Finance Minister Nirmala Sitharaman today explained the reason for not cutting the prices of petrol and diesel. He said that the previous Congress-led UPA government is responsible for the skyrocketing fuel prices.
UPA government issued oil bonds worth Rs 1.44 lakh crore
Finance Minister Sitharaman said that the UPA government issued oil bonds worth Rs 1.44 lakh crore to reduce the prices of petrol and diesel. The Narendra Modi government at the Center cannot cut fuel prices by using the wrong method used by the UPA government. Union Minister Sitharaman said that the burden of oil bonds issued by the UPA government has come on the Modi government. That’s why we are not able to cut the prices of petrol and diesel.
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