more-inRetail prices of petrol and diesel have remained constant ever since April 24 across the country raising suspicions that the BJP-led NDA government at the Centre was intent on keeping the Karnataka electorate happy. The average crude oil price in the Indian Basket increased by $5.5, from $63.5 to $ 69.3 from March to April, which should obviously have pushed up fuel prices. In Bengaluru, the prices have remained at ₹75.68 a litre for petrol and ₹67.08 for diesel since April 24. When petrol price reached ₹75.19 on April 10 in Bengaluru, the highest ever after ₹76.06 in 2013, the Congress had launched a massive campaign against the NDA government blaming it for the ever-increasing fuel prices. Chief Minister Siddaramaiah tweeted on April 10, “International crude prices have started falling since 2014.

Source: The Hindu May 09, 2018 17:37 UTC