Ahmedabad: Petrol and diesel prices in the country are increasing furiously. The opposition is aggressive about rising oil prices. At the same time, people are questioning when the price will fall. This time, Union Finance Minister Nirmala Sitharaman has given a statement about the rising oil prices.
During an event in Ahmedabad, when he was asked when will the government rein in rising oil prices? In response to this question, the Finance Minister said, “When it will happen, I cannot say about it. Right now, to say anything on this is like a religion crisis (Dharma Sankat).
In the program, Sitharaman said, “This is the budget of the new decade. This budget clearly says that we trust the private sector and you are welcome to participate in the development of the country.
The Finance Minister said, “In this budget, we have made it clear what the government can do or to what extent. That is why this budget gives a directional change to the Indian economy. We inherited a system from the Soviet Union in which there was talk of achievements of socialism that only socialism can benefit the entire population. They say that the welfare state is a socialist privilege. ”
Petroleum Minister Dharmendra Pradhan had told these two big reasons
Recently, Petroleum Minister Dharmendra Pradhan told the reason for the reduction in crude oil production in the international market due to rising fuel prices. He said that there are two main reasons for rising fuel prices. Crude oil production in the international market has been reduced. Producing countries are reducing oil production to increase their profits. Therefore, it is becoming expensive for the countries that buy crude oil.