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Petrol price hike unjust, says Jayalalithaa

Last Updated: Monday, July 15, 2013 - 00:35

Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Sunday termed as "unjust" the frequent hike in petrol prices and accused the Oil Marketing Companies (OMCs) of being profit-oriented.

"Increasing petrol prices twice a month is unjust. Centre should think how people can tolerate petrol price hike 24 times a year," she said in a statement.

Today`s hike had come within days of OMCs increasing petrol rates by Rs 1.82, she said, adding, they were functioning with a profit motive.

She said this would affect a large section, including people in rural areas and office-goers who were dependent on petrol-fuelled two-wheelers.

This hike would propel an increase in prices of essential commodities and vehicle tariff, thus affecting the national economy.

"A good government is one that is aware of the people`s livelihood and economy. But the Congress-led central government is working in contradiction to this. I strongly condemn this," she said.

She asked the Centre to withdraw the powers granted to OMCs to fix fuel prices and demanded for a rollback of today`s hike.

She charged the Centre with taking no steps to address the issue of falling value of Indian rupee against the US dollar.

Oil companies raised petrol rates by Rs 1.55 a litre, excluding local sales tax or VAT, with effect from midnight today.


First Published: Monday, July 15, 2013 - 00:35

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