The Indian government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers battered under high fuel prices that have also pushed inflation to a record high.
"I have already said, it is dependent on the economy, after the by-polls I will review the economy, at that time if the economy has improved, there is an opportunity for it," Bommai said.
The resolution alleged the Modi government is bent upon "robbing" the people of India by all-around inflation and is completely oblivious to the economic worries and challenges being faced by the average Indian.
The price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi, as per Indian Oil Corporation.
Rahul Gandhi on Friday took a swipe at the Narendra Modi government over the increase in fuel prices and said the condition of the government is such that if the rates do not increase then it becomes big news.
The price of petrol crossed the Rs 100-mark in Ladakh and stood at Rs 101.95 per litre on Monday.
Diesel price on Saturday breached the Rs 100 per litre mark in Rajasthan after yet another increase in fuel rates, which also led to Karnataka becoming the 7th state to record Rs 100 a litre petrol.
Petrol and diesel prices on Tuesday scaled new highs across the country after they were hiked for the 17th time in a month. Petrol price was increased by 26 paise per litre and diesel by 23 paise a litre.
Petroleum Minister admits PSU employee's mistake in fuel price revision.
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