If governments don't reduce fuel prices, they will launch protests: CPI's stern warning

Guntur:Communist Party of India's state assistant secretary Mupalla Nageswara Rao said at a press conference at Malliyalingam Bhavan on Thursday that the central and state governments are levying taxes on fuel and that is the reason why fuel prices are increasing continuously. If this continues,then the prices of domestic gas cylinders will touch Rs 1000 very soon. He said that the central government is gradually reducing the subsidy on domestic gas cylinders.

Giving a stern warning, he asked the government to launch a protest campaign if petrol does not sell at Rs 60 and diesel at Rs 50 per liter and if the central and state governments do not take steps to reduce fuel prices. He said that the State Government has not taken any precautionary step to overcome the power crisis in the State due to shortage of coal. He said that there is no need to buy power at Rs 20 per unit if precautionary measures are taken. He urged the government to take steps to procure paddy at MSP.

CPI district secretary J Ajay Kumar was also present.Today petroleum product rates are very sensitive to global crude oil prices. We are seeing a rise in crude oil prices globally, which has also pushed up diesel rates in Guntur (Andhra Pradesh). Also, petroleum product prices have now been linked with market rates. Petrol price in Guntur (Andhra Pradesh) today is Rs. 111.27 per litre. The last change in the price of Guntur petrol was done on 14 October 2021 and it was increased by Rs 0.35.

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