Inflation fears as India hikes fuel costs

NEW DELHI, June 25, 2011 (AFP) - Indians will have to pay more for fuel from Saturday after the government announced a hike in the price of some petroleum products, increasing inflationary pressures in the fast-growing economy.
online pharmacy buy diflucan with best prices today in the USA


buy zofran online https://qpharmacorp.com/wp-content/uploads/2023/08/png/zofran.html no prescription pharmacy


online pharmacy buy priligy with best prices today in the USA


buy symbicort inhaler online https://www.soundviewmed.com/wp-content/uploads/2022/08/png/symbicort-inhaler.html no prescription pharmacy

Petroleum minister Jaipal Reddy late Friday raised the price of diesel by 3 rupees (7 cents) per litre, in a move that will pile added pressure on Prime Minister Manmohan Singh's embattled government.

The government also increased the price of kerosene by 2 rupees per litre, and of liquefied petroleum gas (LPG) by 50 rupees per cylinder, in a bid to cut its fuel subsidies and help state-owned oil firms, which currently suffer big losses by selling fuel to consumers at prices far below market rates.

Finance minister Pranab Mukherjee told reporters late Friday that the increase was "very modest," according to the Press Trust of India.

online pharmacy buy spiriva inhaler with best prices today in the USA


buy estrace online https://qpharmacorp.com/wp-content/uploads/2023/08/png/estrace.html no prescription pharmacy


online pharmacy buy xifaxan with best prices today in the USA

Mukherjee said the government had cut customs and excise duties on crude oil and petroleum products, giving up revenues of 490 billion rupees.


"I do hope the states will also reduce their VAT (value added tax) so that relief could be given to the consumer," he added.

The opposition criticised the price hike.

online pharmacy buy abilify with best prices today in the USA


buy naprosyn online https://qpharmacorp.com/wp-content/uploads/2023/08/png/naprosyn.html no prescription pharmacy


online pharmacy buy augmentin with best prices today in the USA



The main opposition Bharatiya Janat
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x