Andhra Pradesh Chief Minister N Chandrababu Naidu Monday said price of petrol would soon touch Rs 100 a litre as also the rupee against the US dollar. “Whatever (economic) growth that’s happening now is because of India’s strength. It’s not because of the NDA government’s greatness. It would have grown even better if there is any other government,” Chandrababu remarked.
Responding to questions at the press conference here, the Chief Minister said demonetisation was a ‘big failure’ because of which people were still suffering. “The economy has collapsed. The economy has suffered a set back for over one and a half years. In fact, growth has stalled under NDA and it may even fall,” he observed. Blaming the ‘faulty’ policies of the NDA government for the current (sorry) state of affairs, Naidu said, “Petrol will soon cost Rs 100. They are going to hit a century.
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And, the rupee will also touch the century mark. You can then buy petrol paying a dollar.” Petrol and diesel prices in the country touched their highest levels Monday mainly due to dramatic fall in rupee and a sharp rise in crude oil rates. It was the “gross inefficiency” of the NDA government that led to the ‘collapse’ of the economy, he alleged. Hitting out at the Centre for ignoring his recommendations on digital economy, the Chief Minister said had the central government been sincere, it would have scrapped the Rs 2000 and Rs 500 notes.
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