India’s main opposition stage protest over fuel price hike in eastern India.

STORY: Activists of India’s main opposition, Bharatiya Janata Party, took to streets in Patna city of India’s eastern Bihar state on Wednesday (January 02), burning Prime Minister Manmohan Singh’s effigies over the recent fuel price hike.

According to media reports, the prices of petrol have been increased by 1.16 rupees and diesel have been increased by 0.84 rupees.

BJP activist Anil Sahni said the government’s decision is unwarranted right in the beginning of the year.

“We have burnt the effigies of Manmohan Singh and Sonia Gandhi. In the beginning of year fuel prices have been raised. The government’s decision has hurt our sentiments. Therefore, we have burnt the effigies of Manmohan Singh, Sonia Gandhi and Petroleum Minister. We will keep on protesting and burn effigies and fight for the people,” he said.

The protesters were seen shouting anti-government slogans and threatened to intensify their protests if the decision is not withdrawn.

Fuel subsidy accounted for about 3.4 percent of the central government’s spending in 2010/11.

India’s state-run oil marketing firms estimated revenue losses of around 209 billion rupees during July-September in 2011 on account of selling oil products below market price to respect government caps.

The government says that the decisions will reduce the under-recovery of oil companies.

(1$ = 54.36 INR)