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Wrong to blame OPEC for soaring fuel prices: Yashwant Sinha

Referring to the RBI revealing that 99.3 percent of the total demonetised notes having returned to the banks, Sinha attacked the government over demonetisation

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Yashwant Sinha

Yashwant Sinha

Former Union Minister and BJP leader Yashwant Sinha on Tuesday flayed the Modi government for blaming international factors for fuel prices reaching an all-time high.

"They are now blaming international reasons for the rise in prices, but for the last four years they have been reaping its benefits. When because of international reasons, there was benefit in fiscal deficit, current account deficit, in inflation, when for international reasons the balance of payments was increasing, they took all the credit. But now when there is a rise in international crude prices, they are putting the entire blame on the OPEC, which is completely wrong," said Sinha.

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