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Thursday 13 September 2012

Diesel price hiked by Rs 5 per litre

New Delhi: The government on Thursday hiked the price of diesel by Rs 5 per litre, to be effective from midnight. The Cabinet Committee of Political Affairs (CCPA), however, decided not to hike the price of kerosene.

The CCPA, headed by Prime Minister Manmohan Singh, also ended the subsidy on branded diesel fuel saying it would be sold at market rates.

In another major decision, it was decided that a household would get a maximum of six LPG cylinders at the subsidised price.

Reacting to the decision of the CCPA, the Trinamool Congress, a key UPA ally, said that the effect of the hike in the diesel price would trickle down to essential commodities.

Speaking to sources, Trinamool Congress spokesperson Kakoli Ghosh Dastidar said, "We will discuss the fallout of the hike in party forum."

The Congress also said that as a party, it was not in favour of the hike. "As a party, we are not in a favour of the hike as it hurts the farmers," said Congress general secretary Digvijaya Singh.

He, however, added that "there are some unpleasant decisions that have to be taken by the government in power".

Meanwhile, reacting to the announcement, the Bharatiya Janata Party (BJP) said they protested the hike.

BJP leader Ananth Kumar said, "It will have cascading effect on inflation, it will have direct effect on common man, farmers and labourers."

"The cap on the LPG cylinders will hurt the poor. This government has brought back control economy of past era," he added.

1 comments:

Rahul SMS said...

I have been watching the leading medial channels since the diesel price hike was announced. The people being interviewed are definitely not the “Aam Aadmi”. These so called Aam Aadmi are likely to have at least 2 motor vehicles in their house, they would have gifted their children with motor vehicles and mobile phones. … and with impunity they state their household budget will be adversely affected if they do not continue to get subsidised fuel!? Height of hypocrisy!! From where is this subsidy coming – it is just the tax payers money. The real Aam Aadmi are in our rural areas. In order to uplift them and give them a decent living, the Govt. should concentrate on plugging the leakages in the various welfare measures meant for them.

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