Why should only petro consumers pay for infra projects: Reddy
19 Sept 2017 11:15 PM IST
Hyderabad: Former oil minister S Jaipal Reddy has questioned the Centre's policy of utilising its revenues from petroleum products for infrastructure projects, saying the high prices of diesel and petrol are hitting the middle class hard.
"Why should only the consumers of petroleum products pay for all the glitzy projects of the Government of India?" the senior Congress leader asked.
He said that when the Congress-led UPA was in power, the government was spending Rs 1.2 lakh crore on gas subsidy when the fuel prices were high.
"Today, your (the Centre's) gas subsidy is Rs 40,000 crore. The saving of the Government of India because of low international prices is nearly Rs 1.5 lakh crore," claimed Reddy, who was the petroleum and natural gas minister under the UPA II.
Next Story
