There is no justification for the present hike in the price of petrol and diesel, which is increased by Rs. 2.5 for petrol and Rs. 2.26 for diesel. This is the 19th hike for petrol and 16th hike for diesel within the last two years after the Modi Government took over.
The government had declared that after deregulation, the prices will come down, when the international prices come down. The international price at present for petrol is only Rs. 25.31 whereas the government has raised it to Rs.65.63 by increasing the customs/excise/taxes. This is nothing but looting the people.
Strong protest should come from the political parties, workers and the people to make the government to retract from the anti-people decision.