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Fuel price hike: Centre has failed at economic management, says Congress

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Fuel price hike

New Delhi : The Congress party on Saturday accused the Prime Minister Narendra Modi-led government at the Centre of failing at economic management and questioned the promise of ‘acche din’ to the people of the country. The grand old party was reacting to the steep hike in fuel prices, the second in May. “In the May 2008, when crude oil prices were almost touching 140 USD a barrel, the UPA government was compelled to increase prices. Then BJP termed it as economic terrorism. Today, when crude oil prices are prevailing at an all-time low, you increase petrol and diesel prices every week, is this not economic terrorism?” Congress leader Manish Tewari asked. “Is this the ‘acche din’ that you promised the people? This government has completely and totally failed at economic management,” he added. Petrol prices were raised by Rs 3.13 per litre while diesel prices by Rs 2.71 per litre from Friday night. This is the fourth increase in fuel prices this year. The rates were last hiked on May 1.