Government Braces For Fuel Price Attack As Budget Session Resumes Today
The second part of the Budget session of Parliament begins today amid a scorching Assembly polls campaign, continuing farmer protest, and, most importantly, spiking fuel prices. On that final item, the main opposition party, the Congress, is set to move an adjournment motion seeking a debate in both Houses. At least one party, the Trinamool Congress, has sought the adjournment of the session given that key state elections are only a few weeks away and MPs may not be able to attend.
Although in the past few days, petrol and diesel rates have remained largely unchanged, they've been rising continuously over the many weeks. Several leaders and their parties have been demonstrating against this phenomenon, with many even riding bicycles, bullock carts, and electric scooters to work. Indian Oil Corporation, the country's largest state-run oil refiner last hiked prices on February 27 to an all-time high of Rs 91.17 in the national capital. Since then, the rates have remained unchanged across all four metro cities.