\nNew Delhi , July 24 (ANI): The Bharatiya Janata Party (BJP) and the Communist Party of India (CPI) on Tuesday condemned the move to announce a hike in petrol prices by 70 paise.
\nState – owned oil marketing companies have hiked the petrol prices by 70 paise per litre. The new rates became effective from midnight last night.
\nExpressing dissatisfaction with the hike in the price of petrol, BJP leader Shahnawaz Hussain said: \u201cAhead of any elections, the price of petrol and diesel decreases and after the elections they tend to increase. We will not tolerate this.\u201d
\n \u201cThe government increases or decreases the price of petrol according to their wish. The BJP is against it and we believe that government should roll back the price hike as they decrease the price during elections and increase it after the polls. This is not correct,\u201d said Hussain.
\n Communist Party of India (CPI) leader D Raja said that another hike in the petrol price would burden the common man.
\n \u201cThere is no rationality when the prices of all food items and essential commodities are high when the inflation on food items is high. Oil marketing companies go on increasing the price of petrol and petroleum products. This will lead to cascading effect and this will further burden the common people and it will subject the common people to further hardships and sufferings,\u201d said Raja.
\nMeanwhile, commuters across India have denounced the steep petrol price hike, saying that it would make a hole in their pocket.<\/p>\n\n