Partly Cloudy
21°CSat :Sunny. High: 21 Low: 11

Nitish Kumar targets Congress over diesel price hike

Nitish Kumar targets Congress over diesel price hike

Patna: Bihar Chief Minister Nitish Kumar on Saturday poked fun at the UPA government over its move to hike diesel prices every month, saying there can be no control on inflation till the Congress party is in power at the Centre.

“The government at the Centre takes pleasure in enjoying the prices. As long as the Congress Party will be in power, it would be quite difficult to control inflation,” he told the media here.

Union Petroleum and Natural Gas Minister M Veerappa Moily yesterday said the diesel prices will be hiked by 40-50 paise per litre every month until the losses from selling the nation’s most used fuel at subsidized rates have been completely wiped out.

“Until further orders, oil marketing companies can increase it (diesel price) by 40-50 paise (per litre) every month,” he said.

The Petroleum Minister, however, did not make it clear when would the next revision come.

The government had earlier on January 17 permitted the state-run oil marketing companies to set diesel prices in a move that could help the government reduce its Budget-busting subsidy bill.

Oil marketing companies immediately followed it up with a price hike of 45 paise per litre effective the following day.

Diesel currently costs Rs 47.65 in Delhi, Rs 51.51 in Kolkata, Rs 53.71 in Mumbai and Rs 50.68 in Chennai.

 

Top Stories

bjp-lost-17-seats-in-haryana-by-a-narrow-margin

BJP lost 17 seats in Haryana by a thin edge

October-22-2014
NEW DELHI: The BJP’s triumph in Haryana can’t simply be surveyed through the quantity of seats the gathering won additionally by the
44895643.cms

Sunny Leone’s Special Birthday surprise For Husband Daniel Weber

October-21-2014
Sunny Leone had masterminded an unique birthday festival for her spouse Daniel Weber in Thailand. A couple of days prior, Daniel had
IndiaTv1611f0_cfc

ISL mentors among a few peering toward India work

October-21-2014
PANAJI: There is life past the commotion and fervor of the Indian Super group, particularly for the mentors on obligation. Most mentors
06-rupee6

Rupee picks up 8 paise against dollar in early trade

October-21-2014
MUMBAI: Extending its climbing streak for the third straight day, the rupee increased in value by 8 paise to 61.28 against the
IndiaTv568462_akhilesh

Akhilesh Yadav the CM of UP gets feel of power crisis

October-21-2014
Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav and his bureau got a direct knowledge of the dismal force situation in the state
BJP flag

Maharashtra: Congress hits once more at NCP, says will never help Shiv Sena

October-21-2014
New Delhi: Senior Congress pioneer Ajay Maken hit over at National Congress Party boss Sharad Pawar by saying that the gathering will