`Fuel price hike reflects UPA bankruptcy of ideas`

Last Updated: Friday, September 16, 2011 - 18:32

New Delhi: Criticising the hike in petrol prices and the proposal to limit supply of subsidised LPG, Janata Party president Subramanian Swamy on Friday said the moves are a clear indication of UPA government`s "bankruptcy of ideas" and that it is time to go for mid-term polls.
"The government proposal to increase petrol prices and augment the LPG charges is clear indication of the bankruptcy of ideas of the present UPA leadership," he said in a statement.
Accusing the government of "failing on all fronts" he said the "best solution" for the nation now is to go for a mid-term election to ask people to give a "mandate for a new economic policy to steer the economy away from the "precipice".

PTI



First Published: Friday, September 16, 2011 - 18:32

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