Thread by @jamewils

Oil companies are not updating the price build up after 16th June, though they enhanced the price on a daily basis.

If we look at this data, pertaining to Delhi petrol price, you are paying Rs.50.70 as Central & State taxes for a base price of Rs.22.47

Paying a tax of 226%!!!!

This is one sector where there is no regulatory framework exists!

Both public sector & private sector oil companies along with the Petroleum Ministry acting like a cartel...

If you can have regulators for electricity and telecom, why not here?

There was a time when UPA-2 was shedding around Rs 1.5 lakh crores per year as oil subsidies to cushion the global crude oil prices, it was not sustainable.

We travelled a lot, now Petrol tax is a big revenue generator for Modi regime. They use it to fill the deficit holes!

When Modi regime taken over from MMS,

Excise duty on petrol was Rs. 9.48/- it is now Rs.32.98/-.

An increase of 3.5 times!!!

Excise duty on Diesel then was Rs.3.56/-, it is now Rs.31.83/-

An increase of 8.9 times!!!!

Recollect the big agitations on the streets by BJP then..

Our Facebook, Twitter & WhatsApp were then flooded with international oil price comparison, most was fake ones peddled by Amittu's IT cell.

Now we are content with nation building 🤣

Opposition make token protests too!