Reddy shunted out of oil ministry for RIL's sake: alleges Kejriwal

India Against Corruption (IAC) activist Arvind Kejriwal today alleged that both the ruling Congress party and the opposition Bhartiya Janata Party (BJP) are in collusion with industrialists like Mukesh Ambani and that was the reason why Jaipal Reddy was shifted out of the petroleum ministry.

In his third expose, Kejriwal today blamed Mukesh Ambani, chairman of RIL for colluding with the Congress and the BJP for raising the price of gas in the country.

'Reliance went to various ministers including Reddy and other ministries to increase prices of gas. After being rejected by all, Mukesh Ambani went to the PM who agreed to increase the prices immediately', said Kejriwal.

''Ambani runs the country, not Manmohan Singh,'' according to Kejriwal.

Kejriwal said it was the NDA government that awarded the Krishna Godavari basin gas blocks to Mukesh Ambani-run Reliance Industries in 2000. As per the agreement signed at that time, Reliance was to supply gas to the National Thermal Power Corp at $2.5 per unit for the next 17 years.

But the company was allowed to revise the rate to $4.25 per unit in 2007 under a government formula devised by an empowered group of ministers headed by the then finance minister Pranab Mukherjee, Kejriwal pointed out.