In her letter to Prime Minister Narendra Modi, Sonia Gandhi also addressed the rising rates of LPG gas cylinders, saying there could be no justification for the government to increase the price of an LPG cylinder by Rs 175 in just two and half months since December 2020.
Based on 57/USD as the exchange rate, the under recovery on diesel stands at Rs 6.30, he added.
Soon after petrol price hike, there are talks that the government may even go-ahead with pending FDI approvals. With the weak market and sliding rupee, the government is pushing FDI in multi-brand retail and aviation soon, reports CNBC-TV18 quoting sources.