Centre's decision on diesel will only help rise in prices
Quotes

Centre's decision on diesel will only help rise in prices

Last Updated: Saturday, January 19, 2013, 20:23
 
 Comment 0
 
Centre's decision on diesel will only help rise in prices
Kozhikode: The Malabar Chamber of Commerce on Saturday said that the Centre's decision to allow oil companies to hike diesel prices periodically would only result in all round price hike.

The decision will have a cascading effect on various sectors, resulting in all round price hike, Malabar Chamber of Commerce said in a press release here.

Instead of hiking the diesel prices, steps should have been taken to pressurise oil companies to reduce their expenses, it said.

As a result of the hike in diesel prices, there will be all round effect on all sectors, it said.

Malabar Chamber of Commerce President Alok Kumar Sabu had sent a memorandum to the Prime minister and Union petroleum minister to re-consider the decision, the release said.

PTI



First Published: Saturday, January 19, 2013, 20:23


Comments


comments powered by Disqus
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
John Kery with Indian Biz Honchos
John Kery with Indian Biz Honchos
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved