Congress leader Rahul Gandhi took a swipe at Prime Minister Narendra Modi today over a crash in global oil prices, even as the Prime Minister’s BJP stands ready to topple the 15-month-old Congress government in Madhya Pradesh.
“Hey @PMOIndia, while you were busy destabilising an elected Congress Govt, you may have missed noticing the 35% crash in global oil prices,” Rahul Gandhi tweeted this morning.
“Could you please pass on the benefit to Indians by slashing #petrol prices to under 60₹ per litre? Will help boost the stalled economy,” he added.
Hey @PMOIndia , while you were busy destabilising an elected Congress Govt, you may have missed noticing the 35% crash in global oil prices. Could you please pass on the benefit to Indians by slashing #petrol prices to under 60₹ per litre? Will help boost the stalled economy.
— Rahul Gandhi (@RahulGandhi) March 11, 2020
Shocked the sudden resignation of influential leader and four-time MP Jyotiraditya Scindia, the Congress is struggling to hold on to power in Madhya Pradesh.
Mr Scindia, who was once close to the Gandhi family, has reportedly long been unhappy with the party’s senior leadership and many see his revolt as an expression of frustration with perceived diminished say in party matters.
Jyotiraditya Scindia is expected to join the BJP today and be rewarded with a union cabinet berth and a Rajya Sabha post.
Oil markets crashed by over 30 per cent earlier this week after the disintegration of the OPEC+ alliance triggered an all-out price war between Saudi Arabia and Russia.
As the global oil benchmark plummeted to as slow as $31.02 a barrel, Goldman Sachs Group Inc. warned prices could drop to near $20 a barrel.
Petrol and diesel prices were revised on Tuesday, a second straight day of steep changes in the rates amid turmoil in global oil markets.
In Delhi and Mumbai, the prices of petrol were revised to Rs 70.29 per litre and Rs 75.99 per litre respectively with effect from 6 am on March 10, from Rs 73.28 per litre and Rs 73.33 per litre, data from Indian Oil Corporation – the country’s largest fuel retailer- showed.
Similarly, the prices of diesel were changed to Rs 63.01 per litre and Rs 65.97 per litre, from Rs 65.59 per litre and Rs 66.75 per litre the previous day.