Mocking the government’s earlier claim of rise in GDP, the Congress said what the ruling dispensation had meant by that was an increase in prices of gas, diesel and petrol (GDP), and added that it has now realised that the economy needs a “boost of Viagra”.
“They used to say our GDP will rise. The actual meaning of this is rise in prices of gas, diesel and petrol. That is the GDP.
One litre of crude oil costs about Rs 21 and after refining it, which costs about Rs 9, ultimately it would cost about Rs 31. What costs the government or petroleum companies Rs 31 is sold at Rs 79 (rate in Mumbai). They make profit on every litre of Rs 48,” said senior Congress leader Kapil Sibal.
“Who bears this burden, the ordinary people – those who ride motorcycles, those who drive their cars and also the farmers, who use diesel. Profit goes to the government and burden falls on farmers,” he added.