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The government on Wednesday cut excise duty on petrol and diesel by a record Rs 5 and Rs 10 per litre to help bring down rates down from their highest-ever levels. “The results of the 30 Assembly and 3 LS by-elections have produced a by-product. The centre has cut excise duties on petrol and diesel!” Chidambaram said on Twitter.
“It is a confirmation of our charge that fuel prices are high mainly because of high taxes,” the former finance minister said.
“And our charge that high fuel taxes is because of the greed of the central government,” he added.
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Congress won eight seats. Non-BJP parties won seven seats of which only one seat was won by a crypto ally of the BJP, namely YSR Congress, he had said.