OIL & GAS

Help oil firms with funds to curb inflation, don’t pressure public: Gehlot to Centre

Rajasthan Chief Minister Ashok Gehlot on Sunday demanded from the Centre to give a grant to oil companies to address their financial needs instead of letting fuel prices increase, which puts pressure on the public.

The Rajashan CM also accused the Centre of weakening the states financially, saying it reduced on fuel the basic excise duty, from which they get their share.

The Union government instead increased cess, special and additional excise duty, which is kept by it, he said. Gehlot said inflation has shaken people across the country and there is a need to curb it.

The Centre should assure people that fuel prices will not be increased for a effective check on inflation, he said while accusing the Centre of weakening the federal structure.

“They are not able to understand the federal structure. They are weakening the states financially. When the states are strong, the country will be strong. The financial management of states is getting disturbed,” Gehlot told reporters here.

Source
ET Energy World
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