Many members of the committee, especially the opposition members, raised questions about the increase in the price of petroleum products and said that due to this, the budget of the household of the common people is getting spoiled.
Petrol Diesel Price
Petrol and diesel prices are increasing continuously. In many cities, the price of petrol has crossed Rs 100 per liter, while in some cities diesel has also crossed Rs 100 mark. Several members of a parliamentary committee questioned the officials of the Petroleum Ministry regarding the hike in the prices of petrol and diesel. Through this meeting, an attempt was made to know what steps are being taken by the oil companies to control the price of petroleum products.
Petroleum Secretary Tarun Kapoor and senior officials of government companies-IOCL, BPCL, HPCL and GAIL appeared before the Parliament’s Standing Committee on Petroleum and Natural Gas. In this meeting, the parliamentary committee asked the oil companies what they are doing on oil prices and how its prices can be stabilized.
question about price hike
Many members of the committee, especially the opposition members, raised questions about the increase in the price of petroleum products and said that due to this, the budget of the household of the common people is getting spoiled. In this meeting, the officials of the Ministry of Petroleum told the committee that the prices of petroleum products are linked to the price of crude oil in the international market.
How are prices changing?
A member of the opposition strongly countered this argument of the officials and said that even when the price of crude oil falls, the prices of petrol and diesel remain high in the domestic market. Some members also said that in view of the elections, it is decided to increase or decrease the prices of petrol products. According to sources, the issue was also raised in this meeting of the committee that petrol is being sold at a price of more than Rs 100 per liter in many states. In fact, oil prices have created problems for the general public as well as the government. The opposition is constantly surrounding the government with the rising prices of petrol and diesel. Now the parliamentary committee is meeting with the oil companies to get any concrete result on this.
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