Karunanidhi to insist on price hike rollback

Hope to persuade govt at least to revise diesel prices

PTI | March 3, 2010



Acknowledging that the union government had its own pressures in increasing petrol and diesel prices, Tamil Nadu Chief Minister M Karunanidhi, whose party DMK is a key UPA ally, today said it would persuade the centre to roll back the prices.

"We will debate the issue with the government and persuade them to reduce the price. We hope that at least the price of diesel, used by farmers will be reduced," Karunanidhi told reporters in Tiruchirapalli.

Asked if his party would "fight" against fuel price hike as other opposition parties were doing, he said the government had its own pressures when it decided to raise the prices.

"From the days of Anna (former Chief Minister Annadurai), we have not believed in opposing and fighting for the sake of fighting," the DMK patriarch said.

Karunanidhi had last week written to UPA Chairperson Sonia Gandhi, Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee, saying the hike would have a cascading effect, further pushing up prices of essential commodities.

He had sought the rollback of at least diesel price hike.

Notwithstanding its demand for rolling back fuel price hike, DMK has ruled out pulling out of the UPA alliance, with Karunanidhi's daughter and Rajya Sabha MP, Kanimozhi saying, "There is no question of DMK withdrawing its support (to UPA) or the alliance breaking up."

Apart from DMK, another UPA constituent Trinamool Congress, has also come out strongly against the hike and demanded that it be rolled back.

Fuel price hike: AIADMK state-wide demo on March 6

PTI adds from Chennai: Demanding an immediate rollback of the fuel price hike, AIADMK today announced that it would hod a state-wide protest on March six over the issue.

Party leader Jayalalithaa said protests would also be held in states like Maharashtra, Delhi, Karnataka and Puducherry, where her party was functioning.

"At a time when the country was expecting budgetary measures to curb price rise, the Centre has increased excise and customs duties on fuels, resulting in their prices going up," she said in a statement here.

"The primary focus of the Centre and states at this point of time should have been on controlling price rise," she said.

The hike had already resulted in a 20 per cent increase in fares of autorickshaw, lorry and private vehicles, she said, adding that this would further lead to an increase in prices of essential commodities, affecting lower income groups.

Various wings of AIADMK would take part in the protest, to be headed by different leaders of the party, she said.

Comments

 

Other News

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter