World oil prices Jan2009: $44 per barrel, petrol in Delhi Rs40 per Litre
World oil prices Jan2015: $44,per barrel, petrol in Delhi Rs58.per Litre
Difference: BJP taxes.
The only real defense i think of for the reduction in subsidy, is that BJP wants to improve the fiscal deficit.
Isn’t 18Rs too big a hike? are they willing to explain this to the voters?