Reduce fuel prices as crude oil rates decline: KT Rama Rao

HYDERABAD: TRS working president and minister KT Rama Rao demanded the Centre to lower the fuel prices and reduce the burden on the people of the country as international crude oil prices declined. He said the BJP government should immediately do away with all types of cesses on petrol and diesel.
In a statement on Wednesday, the industries and municipal administration minister said if the prices of a barrel of crude oil decreased internationally, the benefit should be passed on to the people.
He said the Modi government does not want that to happen and has been increasing excise duties and cesses. Since 2014, the Centre has increased fuel prices many times and put a Rs 26 lakh crore burden on the people in the form of fuel taxes and cesses.