Petrol Price Hikes: Here is the sollution

New Delhi, May 25: Union Oil Minister Dharmendra Pradhan said that the Centre was deliberating on an "immediate solution" to deal with rising fuel prices.

"The oil ministry is of the view to bring petroleum products under the purview of the GST in order to bring down the prices of petrol and diesel. We are deliberating on an immediate solution to this problem till that time," Pradhan said in Bhubaneswar.

Meanwhile, Union Minister Nitin Gadkari had on Wednesday said subsidising petrol and diesel to bring down their rising retail prices will take money away from social welfare schemes of the government and that increase in oil prices is "unavoidable" since India is now linked to the global economy.

"This is an unavoidable, economic situation. It is directly linked to the global economy. If we have to sell it (petrol/diesel) cheap, it means we will have to buy it at higher prices and subsidise it here," Gadkari told to media persons.