Jayalalithaa says diesel price hike a vestige of ‘wrong UPA policy’

she appealed to the Prime Minister Narendra Modi to intervene and withdraw the price hike.

By: Press Trust of India | Chennai | Updated: June 1, 2014 2:00 pm
Tamil Nadu Chief Minister Jayalalithaa Tamil Nadu Chief Minister Jayalalithaa

Flaying the diesel price increase, Chief Minister Jayalalithaa on Sunday said it was a continuation of the previous Congress-led UPA regime’s “wrong” policies and appealed to Prime Minister Narendra Modi to rollback the hike besides seeking a new pricing regime for petro products.

“The diesel price hike has disappointed the people who wanted growth through change (in regime),” Jayalalithaa said in a statement here.

Arguing that the hike announced by oil marketing companies (OMCs) was “not correct pricing,” she wanted the BJP government to completely overhaul the pricing policy for petro products.

She wanted the Centre to determine petrol and diesel price by considering several factors including the price of imported crude and the domestic cost for its processing.

“This would help cut down the cost of petro products and tame price rise.”

Urging the new dispensation at the Centre to rescind the authority delegated to OMCs to fix prices for petro products, she said this would help curb price rise which was due to the “wrong economic policies” of the previous UPA government.

Stating that the diesel price hike would affect all sections of people, particularly the poor and middle class, she appealed to the Prime Minister to intervene and withdraw the price hike.

Diesel prices were hiked on Saturday by 50 paise a litre, excluding state levies, the second increase in rates in three weeks.

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  1. A
    Jun 4, 2014 at 5:46 pm
    More Hypocrisy from Amma!!!Ammaji!!!If you genuinely care about Consumers of Diesel in your state ;you would REDUCE the Tax on Diesel(which at Rs 10.47/Litre) works out to be 17% of the Price that Tamil Nadu Consumers of Diesel pay for the Fuel at the Pump.For Petrol the Numbers are even Higher!!!So before you lecture the Central Govt,please reduce the Exorbitantly High Tax you charge on Diesel today in Tamil Nadu this you can follow the lead of Either Delhi or Punjab State Governments;who charge Rs 6.61/Litre or Rs 5/Litre only respectively!!!P.SBreak up of Price of DieselPrice charged by OMCs to Petrol Pump owner-Rs 45.92/LitreTotal Central Government Tax-Rs 4.73/LitreTamil Nadu Government Tax on Diesel-Rs 10.47/Litre-----------------------------------------------------------------------------------------Total Diesel Price paid by Consumers in Tamil Nadu- Rs 61.12/Litre.Source for All Data is IOC website.Today's Consumers are much more knowledgeable and aware than Foolish Politicians think.The days when you could fool them are long over.