Centre to reduce fuel prices significantly ahead of Lok Sabha polls
People are facing severe problems in the country due to the ever-increasing petrol and diesel prices. When fuel prices go up, they affect everything. As a result, people are affected by the burden of prices on them. In this background, the BJP government at the centre is likely to reduce the prices to give some relief to the people. It is reported that steps will be taken to free people from the burden of prices ahead of the Lok Sabha elections. Sources in Delhi say that there is a plan to reduce the prices of petrol and diesel in this order. There are reports that the price of petrol and diesel may be reduced by an amount ranging from Rs 6 to Rs 10 per litre.
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It is reported that the officials at the Ministry of Petroleum and Natural Gas have sent proposals regarding price reduction to Prime Minister Modi. It is being discussed that an announcement will be made soon on the revision of prices. Buoyed by the recent victory in three states, the BJP is focused on winning the Lok Sabha elections once again. Currently, international oil prices are low. However, the oil companies keep increasing the prices instead of reducing them.
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As this is the election season, petrol and diesel prices have been stable for a few months. On 22 May 2022, the Modi government last reduced the prices of petrol and diesel. Since then the prices have stayed high compared to the past. If the prices are reduced once again, petrol is likely to reach Rs. 100. People are happy with this news. Meanwhile, the opposition is criticizing it as an election gimmick. The Congress and TMC parties are criticizing the BJP government for conspiring to cheat the people by reducing fuel prices ahead of the Lok Sabha elections. They questioned the BJP saying why they suddenly remembered about the fuel prices ahead of elections while they ignored them all these years. There is a possibility that there will be clarity on the reduction of fuel prices in a few days.
