Shailesh Kumar, National Defence
New Delhi, 12 July 2021

Why are Indians paying an inflated price of petrol and diesel in India? A continuous and consistent price hike in petrol rates and diesel rates warranted an investigation into the issue as international rates of crude oil consistently came down in last 7 years. An extensive research and investigation by your channel National Defence brings an alarming truth about Modi Government’s dealing with inflation in fuel economy. In a nutshell, Modi Government is moving towards creating all together a new energy economy based on LNG (Liquefied Natural Gas), PNG (Piped Natural Gas) and Solar powered fuel retailing stations.

To fund creation of huge infrastructure, Modi Government is continuously hiking petrol and diesel prices by labelling exorbitant excise duty at the perils of common man. The Private sector will command the new energy economy as public sector undertakings currently running in huge profits like Indian Oil Corporation Limited, BPCL, HPCL are being divested to hand over the command to a few select capitalists who will gain most out of this infrastructure created with hard earned money of common Indians. Modi Government in June 2020 changed its policy to allow Private Players to participate in the so-called clean energy fuel retailing stations. Private Sector already started operating in this new energy economy with inauguration of India’s first LNG Station by Nitin Gadkari, the BJP Leader, who is also Road and Surface Transport Minister. Watch this extensively researched and deep investigative story by Shailesh Kumar for National Defence (Hindi).

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