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16 Aug, 4 tweets, 2 min read
"UPA government had reduced #FuelPrices by issuing Oil Bonds of Rs 1.44 lakh crores. I can't go by the trickery played by them. Due to Oil Bonds, the burden has come to our government, that's why we are unable to reduce prices of petrol and diesel": FM Nirmala Sitharaman

(ANI)
"People are right to be concerned. Unless the Centre and states discuss a way out, there is no solution possible to this": Finance Minister Nirmala Sitharaman on #FuelPriceHike

(ANI)
"There will be no cut in excise duty on fuel as of now. Exchequer is burdened by interest payments being made for oil bonds floated by UPA Govt. Government has paid over 70,195.72 crores interest in the last 5 years on oil bonds itself": Finance Minister Nirmala Sitharaman

(ANI)
"We'll still have to pay interest of Rs 37,000 crores by 2026. Despite interest payments, principal outstanding of over 1.30 lakh crores is pending. If I didn't have the burden of oil bonds, I would have been in a position to reduce excise duty on #fuel": Finance Minister

(ANI)

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