Rama Rao Demands The Centre Reduce Petrol Prices.

KT Rama Rao demanded that the union government reduce the prices of petroleum products and relieve people from the burden of a huge drop in international crude oil prices.

Seeking the immediate intervention of PM in this regard, KTR said the Modi government's excuse that international crude oil prices are the reason for the increase in fuel prices has proven wrong.

The TRS working president stated that since Modi became the Prime Minister, petrol prices have risen due to the inefficient policies and governance of the BJP.

"Though the price of a barrel of crude oil has dropped to $ 95 in the international market, there is no revision of petrol or diesel rates in the country accordingly," he said.

By the Centre's own admission in the Parliament, over Rs 26 lakh crore rupees were collected from the country's people in the form of taxes and cess on petroleum products. Rama Rao accused The PM of utilizing the revenue earned through taxes and cess to waive off the corporate loans of his friends.

Rama Rao said the Centre had reduced the inflated prices nominally even though the international market prices fell significantly. "This is nothing but hypocrisy.