RBI Governor Shaktikanta Das advised that the government should cut the Indirect Tax on Petrol and Diesel so that rising prices can be controlled.
New Delhi: Petrol and diesel prices in the country are touching the sky. The government is on target of the opposition regarding this. The opposition is constantly demanding from the government that petrol and diesel prices should be reduced as soon as possible so that the common man gets relief. In recent times, the reaction of the ministers of the government came in relation to the rising prices. Now in the midst of all this, the Governor of RBI has given such advice to the government so that oil prices can be reduced.
RBI Governor Shaktikanta Das suggested to the government that the Indirect Tax on Petrol and Diesel should be cut so that its prices can be reduced. He said this in the MPC meeting of RBI, which has been concluded recently. RBI Governor said that it is necessary to reduce the tax gradually, so that the price pressure can be removed.
Explain that last week, Union Finance Minister Nirmala Sitharaman had said that the central and state governments need to work together to reduce the price of petrol and diesel so that people can get relief.
Dharmendra Pradhan’s statement
Meanwhile, Union Minister Dharmendra Pradhan said that prices have increased due to the rise in the price of crude oil in the international market. The supply was also cut due to reduced demand due to Corona virus. Along with this, he said that the oil supplying countries had promised that we will bring the supply to the earlier position in January-February, this situation has been created due to not bringing them. All the countries of Asia are pressing to increase production, we feel that it should make some difference.
Stay for two days and then increase prices
After two days of stability, retail prices were increased again on Tuesday. Due to this, the price of petrol in the national capital Delhi reached close to Rs 91 per liter and diesel crossed Rs 81 per liter. Retail rates of petrol and diesel were increased by 35-35 paise per liter on Tuesday, due to which the retail rates of fuels reached a record level. With this increase, the price of petrol in Delhi was Rs 90.93 per liter and in Mumbai it was Rs 97.34 per liter. Similarly, diesel reached Rs 81.32 per liter in Delhi and Rs 88.44 in Mumbai.
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