Advertisement

HindustanTimes Sat,29 Nov 2014

Jaya slams diesel price hike, demands roll back

PTI  Chennai, October 01, 2013
First Published: 11:42 IST(1/10/2013) | Last Updated: 11:44 IST(1/10/2013)

Decrying the hike in diesel prices as "unjustified" action, Tamil Nadu chief minister J Jayalalithaa on Tuesday demanded its roll back and withdrawal of powers granted to oil companies to regulate fuel prices.

Advertisement

"There was no justification to resort to diesel price hike when the prices of crude oil in the international market were decreasing and Indian rupee appreciating against the US dollar," she said in a statement.

The hike would result in increase in inflation, uncontrolled rise in price of essential commodities and increase in the cost of transport for poor and middle class people, Jayalaithaa said, demanding roll back in price hike.

Petrol price was on Monday cut by Rs. 3.05 per litre, while diesel prices were raised by 50 paise a litre.


Advertisement
more from India

Niti Commission likely to be new plan panel

PM Modi has called a meeting of all CMs and chief secretaries on December 7 to discuss the framework of the proposed Policy Commission — a new body that could replace the scrapped planning commission.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved