Rising prices including those of petrol and diesel were among the
reasons that brought down the UPA government of Manmohan Singh, whom the
then Gujarat Chief Minister Narendra Modi had described as a "Sardar
(chief), who is not asardar (effective)".
In May 2012, the UPA government had approved the steepest ever hike in petrol prices across the country. The petrol prices suddenly went up by Rs 7.54 per litre. Petrol price in New Delhi reached Rs 73.18 a litre. Today, the petrol is available at Rs 73.73 in New Delhi.
The increase in petrol prices by UPA was done following a 14.5 per cent rise in crude oil prices and a 3.2 per cent devaluation of the rupee. As Gujarat Chief Minister Narendra Modi had termed the hike in petrol prices as "a prime example of the failure of the Congress-led UPA."
In May 2012, the UPA government had approved the steepest ever hike in petrol prices across the country. The petrol prices suddenly went up by Rs 7.54 per litre. Petrol price in New Delhi reached Rs 73.18 a litre. Today, the petrol is available at Rs 73.73 in New Delhi.
The increase in petrol prices by UPA was done following a 14.5 per cent rise in crude oil prices and a 3.2 per cent devaluation of the rupee. As Gujarat Chief Minister Narendra Modi had termed the hike in petrol prices as "a prime example of the failure of the Congress-led UPA."
Massive hike in #petrol prices is a prime example of the failure of Congress-led UPA. This will put a burden of hundreds of crores on Guj.
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