NDA Leaders Hail Modi Govt's Fuel Price Cut as Global Oil Prices Soar

NDA leaders have widely praised the Centre's decision to reduce excise duty on petrol and diesel by Rs 10. They described the move as a timely intervention to ease inflationary pressure and provide relief amid global energy market volatility. Union ministers and BJP MPs credited Prime Minister Narendra Modi for taking decisive, people-centric steps to cushion consumers from international price shocks. The reduction is seen as a proactive measure to ensure economic stability and affordability for citizens.

Key Points: Centre Cuts Fuel Excise Duty, NDA Leaders Praise Relief Move

  • Rs 10 excise duty cut on fuel
  • Aimed at easing inflation
  • Praised as timely global intervention
  • Leaders credit PM Modi's sensitivity
3 min read

Relief amid global oil volatility: NDA leaders praise Centre's excise duty cut on fuel

Union ministers and BJP MPs praise the Centre's Rs 10 excise duty cut on petrol and diesel, calling it timely relief amid global oil volatility.

"This is the magic of PM Modi. - BJP MP Damodar Agarwal"

New Delhi, March 27

The Centre's decision to slash excise duty by Rs 10 on petrol and diesel has drawn widespread appreciation from leaders across the ruling NDA, who described the move as a timely intervention aimed at easing inflationary pressure and providing relief to citizens amid a challenging global energy scenario.

Union Minister Dharmendra Pradhan lauded the decision, crediting Prime Minister Narendra Modi for taking "the right decisions at the right time." He said that the government has consistently prioritised citizens' interests while managing the country's economic policy.

"On behalf of the citizens of the country, I express my heartfelt gratitude to the Prime Minister. He has ensured that duties are reduced to keep inflation under control," Pradhan said, adding that such steps reflect the government's sensitivity towards common people.

Echoing similar sentiments, Union Minister of State, Ravneet Singh Bittu, said the move underscores the Modi government's commitment to public welfare.

"The NDA government is always with the people. While many parts of the world are witnessing closures of institutions and rising prices, India is ensuring affordability for its citizens," he said, calling it a "great relief" for the nation.

BJP MP Damodar Agarwal described the excise duty cut as a "significant and tangible relief" for consumers. "This is the magic of PM Modi. While fuel prices are rising worldwide, the Centre has acted decisively to protect the interests of the poor and middle class," he said.

Another BJP MP, Shashank Mani, highlighted the impact of global developments, particularly tensions around the Strait of Hormuz, on crude oil prices. He appreciated the government's efforts to cushion the domestic market from international volatility. "Despite rising global prices, the government has ensured a cap to protect consumers," he said, while thanking PM Modi and Union ministers Hardeep Singh Puri and Nirmala Sitharaman.

In Bihar, Union Minister Ram Kripal Yadav termed the move "commendable," noting that it would help reduce the burden on people at a time when the world is facing a petroleum crisis. "This step will provide much-needed relief to consumers," he said.

BJP MP Arun Govil also welcomed the decision, calling it a "need of the hour." He emphasised that government policies are consistently aimed at public welfare, and this measure aligns with that broader objective.

The excise duty reduction comes against the backdrop of fluctuating global crude oil prices and geopolitical tensions impacting supply chains.

Overall, NDA leaders have projected the excise duty cut as a proactive and citizen-centric measure, reinforcing the government's focus on economic stability and public welfare amid global uncertainties.

- IANS

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Reader Comments

S
Sarah B
While the cut is welcome, let's be honest. The excise duty was raised significantly during the pandemic when oil was cheap. This feels like giving back a small portion of what was taken. Real relief would be bringing prices back to pre-2020 levels.
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Ananya R
Good step, but the timing is clearly political with elections around the corner. Why couldn't this have been done six months ago when people were really struggling? Still, better late than never. My auto-rickshaw fare might reduce slightly.
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Vikram M
This will help control inflation for sure. Transportation costs affect prices of everything from vegetables to clothes. A sensible move by the Centre in a volatile global market. Hope it's sustained.
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Karthik V
The relief is temporary if global prices keep rising. We need a long-term strategy for energy independence - more focus on ethanol blending, electric vehicles, and solar power. Jai Hind! 🇮🇳
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Priya S
As a homemaker, I see this directly helping with kitchen budget management. Prices of LPG are still high though. Can we expect a cut there as well? Every little bit helps in running the household.

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