Defensive BJP says global factors led to fuel price hike
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Defensive BJP says global factors led to fuel price hike

New Delhi, Sep 10: The BJP on Monday was on defensive vis-a-vis fuel price hike and said the government of the day cannot do much on the same as global factors such as global non availability and drop in production have led to this phenomenon.

"The Bharat Bandh is a failure," BJP leader and Union Minister Ravi Shankar Prasad told reporters here. "We are pained at the violence and anarchy unleashed in the name of Bharat Bandh," he said and slammed the conduct of some opposition parties and the protestors saying when there is "no support from people, they are resorting to other methods to make it successful".

He said in the BJP and other NDA partners too resorted to protest and Bharat Bandh but these had never turned violence - in reference to some incidents in Bihar and Madhya Pradesh. Prasad said the Modi government is well sensitised about the hardship faced by the people. "We are trying to find a solution and I am confident, we will get to a solution soon".

However, he said the government cannot do much about is as of now because the oil producing countries have 'restricted' their production. "There is political instability in Venezuela, Iran is facing a threat of US sanctions.....Moreover the Shale Gas that was being proposed in the US has not come with the production yet," he said.

"It is a matter of fact that India is oil import dependent country.....but oil producing countries have their own problems," he said. "The petroleum production in global world today is under severe restrictions due to non availability," Mr Prasad said however adding he is not trying to make any justification of the unprecedented fuel price hike.

"Our government is standing with the people....but it is also a fact that between 2008 and 2014 under UPA the petrol price had shot up. This is precisely a problem whose solution is not in our hands," the Union Minister told reporters at the BJP headquarters.

"The rate of inflation between 2008 and 2014 under UPA was 10.4 per cent and since we came to power....this has dropped to 4.7. We are trying to bring in measures to check inflation rises," the Minister said. UNI