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๐๐ก๐๐๐ฉ ๐๐ฎ๐๐ฅ ๐ญ๐ก๐๐ง. ๐ โน๐ ๐ฅ๐๐ค๐ก ๐๐ซ๐จ๐ซ๐ ๐๐ข๐ฅ๐ฅ ๐๐จ๐ซ ๐๐ง๐๐ข๐ ๐ฅ๐๐ญ๐๐ซ. ๐ธ The UPA kept fuel prices artificially low by issuing โน1.48 lakh crore in oil bonds, pushing todayโs burden onto tomorrow. ๐น โน1.48 lakh crore in oil bonds issued between 2005โ10 ๐น Nearly โน3 lakh crore eventually paid... show more
157,774 gรถrรผntรผleme โข 1 ay รถnce โขvia X (Twitter)
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Much awaited truth that every Indian must know. Thank you BJP โค๏ธ๐๐ป

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Oil bonds were a deferred liability, fair criticism. But presenting them as the reason Indians still pay high fuel prices is not correct. The Modi govt collected โน4.18 lakh crore from petroleum taxes in FY21 alone, while the entire outstanding oil-bond principal was about โน1.3 lakh crore. The Centre also raised excise on petrol from โน19.98 to โน32.98/litre and diesel from โน15.83 to โน31.83/litre in 2020. The question is: after collecting many times that amount through fuel taxes, why are consumers still being lectured about a 20-year-old bill? If the bonds are finally cleared, remove the excuse n give Indians cheaper fuel. Accountability should apply to every government, not just the previous one.

Much awaited truth that every Indian must know. Thank you BJP โค๏ธ๐๐ป

Oil companies net profit during 12yrs 7.5lakh crores Net profit earned by Government Of India through taxes on oil during 14-26is 74.6lakh crores. With total interest U had to pay only 3lakh crores so stop making Indian fools. You guys really know,No one is going to check facts๐

What about 48 lakh crore rupees govt has snatched from citizens pocket as surcharge and vat on petrol and diesel. Nobody going to buy your propaganda now. You just sold dreams and now rotten the system. ##bjpfailedindia #E20

Fact but the way you are doing now is burdening every buyer. The basic economics sense is that petrol price hikes would create economic imbalance and increase the cost of living and it's a big problem.

Fucking idiots Kids know the maths When crude was $130 @INCIndia gave discount of 50%in Oil Bonds &supplied petrol @65 Later @BJP4India came2power Crude came down 4m $130 to $60 yet you raised cess upto 400% and sold petrol for Rs110 Today for last 6years Indians are looted

#upascams

What supreme leader is offering by keeping oil prices high ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ

Youโre presenting this like the government did taxpayers a favour by โclearingโ an old UPA bill. But paying a government bond when it matures is not an achievement. It is a basic contractual obligation. The bigger point you conveniently leave out: ๐ Youโre making โน3 lakh crore sound like the UPA handed the next government a โน3 lakh crore bill. Thatโs misleading. โน1.48 lakh crore was the principal. The โnearly โน3 lakh croreโ figure includes interest accumulated over roughly two decades. You canโt present the two figures as if they were the same upfront debt. ๐ And the โน37,000 crore paid in FY2025-26 wasnโt some special policy achievement either. The governmentโs own Receipt Budget lists โน36,913 crore as the scheduled redemption of three oil bonds maturing in February and March 2026. That is a routine contractual repayment. Now look at the other side of the fuel story. ๐คฆโโ๏ธWhen global crude prices crashed, the government didnโt simply pass those savings to consumers. It repeatedly raised central excise on fuel. Petrol excise went from โน9.48/litre in 2014 to โน32.90/litre in 2021 โ a 247% increase. ๐คฆโโ๏ธAnd this isnโt a political claim. The governmentโs own Economic Survey (2021-22) explicitly states that excise duty on petrol and diesel was raised in 2020-21 โto garner revenuesโ because low global prices gave the government room to raise taxes. That year alone, excise revenue grew by more than 60%. So if weโre talking about โleaving the bill for tomorrowโ, letโs tell the whole story: โ The UPA used oil bonds to shield consumers when global crude prices were extremely high. โ This government got periods of much cheaper crude and used them to massively increase fuel taxation on the public. โน1.48 lakh crore principal โ nearly โน3 lakh crore after decades of interest.Meanwhile, the government used periods of cheap crude to substantially increase fuel-tax revenue by tens of lakhs of crores. Donโt turn the scheduled repayment of a matured bond into a political achievement while ignoring a 247% increase in petrol excise and the governmentโs own admission that fuel taxes were raised to generate revenue. If you want to compare UPA vs Modi on fuel, compare the complete fuel story, not just the numbers that make one side look bad.

Ohohoho so that's how you are now going to justify inflation, which you've not been able to control?

Ethanol was introduced to reduce fuel cost, then what happened? And low mileage, damaged parts of vehicles is icing on the cake.

How long will you keep pointing fingers at upa and nehru? what did YOU do in the 3 terms you were given? More than 50% of vehicles in china are EVs - what stopped you from transitioning to EVs?

How much did the Oil marketing companies earn When Crude was low ? Multiple times more . How much did #ambani earn from Low Crude Oil prices ? Honesty is a great virtue, practice it

You people have collected excise duty of more than 25 lakhs . Increased debt to more than 200 lakhs cr from 55 lakh cr . 1.23 lakh cr bonds is nothing in front of this and still sold petrol at higher prices

Now that the burden is gone, people would expect to get the reduced price of fuel. It never went down when prices were very low. At-least do it now. Also, check when the oil bonds were issued. Believe those were reduced during 2008 financial meltdown to not burden common man.

S sir, now you have paid bonds also in 12 years, so will it be possible to mention for how many more years we will listen that it failure of previous government so current government is not able to reduce price, by when we can expect accountability from current government sir

So have you given cheap fuel?? Made sugar as well higher so people don't get diabetes right...

How long will you play the same card.. grow up.. people are watching.. u r charging 120 rupees for a litre of blended petrol #ShameOnYou how will the common man makes his life n meet his ends if u keep on increasing d fuel prices? Give relief to public by lowering taxes..

In Delhi Gen-z protested- Won In Jharkhand students protested- Won In Bihar Students protest going on In Rajasthan-MP Gen-z, Gen-Alpha protesting In UP, students are sleeping and waiting for another paper leak ๐

So if the bonds are fully paid why fuel prices are not decreased even after ethanol blending, situation has become normal after war and the fuel prices are still high?

Chk this

N u guys squeezed 38 lakh crores in the name of that 3 lakh crores. Hv some shame.

@grok can you calculate the total amount the NDA govt has collected with excise duties on petrol and diesel? also, calculate the freebies that BJP state governments have given before state elections. is it higher than the oil bonds?

Millenials came to know about this post elections and also there was one wierd MOU signed by Congress Govt. with middle East to buy oil at some fixed price.. Even if oil price falls below that..

You forgot to inform BJP Govt also has 3.1 lakh crore budgets of SC ST OBC (double then education) wich has shitty laws such as reward of 12 lakh for SC ST whoever wants to file a case on general cast. 90% prove to be fake cases. Ye paisa tumhare baap ka tha kya?

Weldone BJP, This is exactly what we wanted from you. Expose these vultures.

Anyone made questions after E20 how much price and pollution reduced

please share tax collection on petrol and diesel between 2005-2010 and after 2014, so you will get better economic knowledge

"UPA left India a โน3 lakh crore oil bond bill." True. Also true: since 2014 ๐นโน16.6L cr in bank loans written off (only 16% recovered) ๐นโน3.35L cr collected in ONE year (FY21) by taxing away a crude price crash ๐นโน3.14L cr saved by big corporates via 2019 tax cuts The excise trick: Crude fell 45% between 2014-15 and 2015-16 (โน84โโน46/bbl). Petrol at the pump fell only 7%. Diesel only 12%. The gap didn't vanish โ it became excise duty, hiked 9 times in 15 months. When crude crashed 69% in 2020, diesel retail price rose. That's not cheap fuel. That's a hidden tax. The corporate side: 2019: Modi govt cut corporate tax 30%โ22%, officially costing the exchequer โน1.45L cr/year (govt's own PIB estimate). Result: corporate tax's share of total collections fell from 35% to 26%. Personal income tax's share rose 21%โ28%. The burden shifted โ from companies to individuals. The real hidden bill: RBI's own RTI data: โน16.61 lakh crore in bank loans written off since April 2014. Recovered: just ~16%. โน9.27L cr of it is large industry/corporate debt. That's over 5x the entire UPA oil-bond bill with a far worse recovery record. Foreign policy cost: 2019: India dropped discounted Iranian oil under US pressure. 2025-26: same script with Russia 25% additional tariff imposed over Russian oil, only lifted after Delhi agreed to cut purchases. Russian oil went from 0.2% to 35-40% of imports, then had to be walked back under coercion. The oil-bond story isn't wrong. It's just the only ledger being shown. The bigger, ongoing bill excise, corporate tax cuts, NPA write-offs, energy policy walked back under sanctions doesn't get a viral graphic. Maybe it should. #Economy #FuelPrices #OilBonds #IndiaFinance #DataBrief #FactCheck @SupriyaShrinate @RahulGandhi @TheDeshBhakt @ravish_journo

E20 is bhasmasur ka bhoot for BJP, move away from it or be ready for surprise in next election cycle.

What about you guys and where is 35 lakh rupees earned from 2014 to 2024 by the oil companies when per barrel of crude oil was all time low

He knew some one will do Hisab Chukta .Why he would be in hurry to loose his power , appease and appease to stay in power so that all fight against each other .BJP is not going to repay the debts from its party Fund not itโs going to going to pay to so called Atrocity victims .

Modified bharat ๐ฟ๐ชท๐

