Kharge criticizes Centre as crude oil prices drop, yet no relief for public

Congress President Mallikarjun Kharge has criticized the central government, accusing it of failing to pass on the benefits of the substantial drop in global crude oil prices to the public. Despite a 31% plunge in crude oil prices over 19 months, Kharge contends that BJP government has allowed unchecked profiteering by oil companies, leading to elevated fuel prices. Kharge points out that the public is not experiencing relief, with ministers admitting to no discussions with oil companies for price reductions. 

 As petrol prices in Delhi reach ₹96.72 and diesel stands at ₹89.62, Kharge underscores that cities like Mumbai and Bengaluru have already surpassed the ₹100 mark for fuel prices. Despite the global crude oil price at ₹6,016 per barrel on Thursday, experiencing a 1.93% decline, the benefits are not reflected in domestic fuel rates. Union Minister Hardeep Singh Puri attributes the volatility in international crude oil prices to geopolitical reasons, emphasizing the government's focus on ensuring the country's energy security. 

While India saw a 17% fall in the average import cost of crude oil from $93.54 a barrel in September 2023 to $77.42 in December, fuel prices remain high. Government-owned oil companies like Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp have recorded significant profits despite the drop in global crude oil rates. The public's frustration grows as the promise of 'Acche Din' remains elusive, prompting Kharge to question the government's commitment to affordability and relief for citizens.