“Increase in petrol prices is because of debts incurred by the previous UPA government led by Congress in the form of oil bonds”
What FACTLY found
By the time BJP led NDA first came into power in 2014, the pending dues for oil bonds accounted for Rs. 1,34,423 crores. And over the period of seven years i.e. from 2014-15 to 2020-21, the union government has paid a total of Rs. 73,695.72 crores for these oil bonds in the form of interest & principal. Whereas the during the same time period, the central government has collected a total of Rs. 25 lakh crores in revenue through collection of taxes on petroleum products. In other words, pendin...
Their words, from the summary they publish with the rating.
In short
This claim spread on social media. FACTLY (India) looked into it and published its finding on 9 April 2022. Its rating was “MISLEADING”.
Where the claim appeared
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.