Congress Counters Finance Minister's Oil Bonds Argument On Fuel Prices

Congress chief spokesperson Randeep Surjewala said oil bonds of Rs 1.3 lakh crore are not due for payment so far

The Congress today accused Finance Minister Nirmala Sitharaman of "falsely" citing the oil bonds issued by the previous UPA government as the reason for not reducing fuel prices. Smt @nsitharaman,Pl stop falsehood or dare to contradict👇1. BJP raised Central Taxes on Petrol & Diesel by ₹23.87 & ₹28.37/litre in 7 yrs.2. Modi Govt collected additional ₹17.29 lakh CR.3. Don't lie. Oil Bonds of 1.3 lakh CR are not even due for payment so far.1/2 pic.twitter.com/gNGHipksaA The finance minister ruled out a cut in the excise duty on petrol and diesel for now, saying the government has to pay for the oil bonds issued by the UPA in the past. Congress chief spokesperson Randeep Surjewala said oil bonds of Rs 1.3 lakh crore are not even due for payment so far and the government has collected much more revenue in seven years. "Don't lie. Oil Bonds of Rs 1.3 lakh crore are not even due for payment so far," he said on Twitter. "Till April 2021, payment made on Oil Bonds is Rs 3,500 crore only, yet you falsely hold UPA responsible," Mr Surjewala said.