Congress counters ‘oil bonds burden’ argument of finance minister on fuel prices
NEW DELHI: The Congress on Monday accused finance minister Nirmala Sitharaman of “falsely” citing the oil bonds issued by the previous UPA government as the reason for not reducing fuel prices.
The finance minister ruled out a cut in the excise duty on petrol and diesel for now, saying the government has to pay for the oil bonds issued by the UPA in the past.
Congress chief spokesperson Randeep Surjewala said oil bonds of Rs 1.3 lakh crore are not even due for payment so far and the government has collected much more revenue in seven years.
“Don’t lie. Oil Bonds of Rs 1.3 lakh crore are not even due for payment so far,” he said on Twitter.
