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Focus On Rollback of Fuel Price Policy, CM Tells Modi

Jayalalithaa urged Narendra Modi to pay special attention to roll back the current price fixation policy for petroleum products.

Published: 31st August 2014 06:00 AM  |   Last Updated: 31st August 2014 08:13 AM   |  A+A-

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CHENNAI: Expressing concern over the yet another hike in the price of diesel, Chief Minister J Jayalalithaa on Saturday urged Prime Minister Narendra Modi to pay special attention to roll back the current price fixation policy for petroleum products, introduced by the previous UPA regime.

“The Prime Minister has been bringing in changes in many sectors. As I have been pointing out, he should pay special attention to the price fixation policy for the petroleum products and bring in a change in this policy too which was introduced by the UPA regime on a wrong basis”, the Chief Minister  said in a statement issued here.

Pointing out that the present price hike had come at a time when diesel price was coming down in the international market, the Chief Minister said this increase had worried the poor people in the country. For, it would push up freight charges resulting in a hike in the price of vegetables, fruits and other essential commodities.

Those who use private vehicles for reaching their working places would also be affected. “In a nutshell, diesel price hike would have a chain reaction. If diesel price is contained, inflation rate can also be brought down and prices of commodities would also come down,” she observed.



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