Akali Dal slams hike in petrol prices, seeks rollback

Image
Press Trust of India Chandigarh
Last Updated : Mar 01 2013 | 7:55 PM IST
Criticising the fresh hike in petrol prices, the Shiromani Akali Dal today alleged that the Congress-led UPA government intends to "punish" the middle class, which has handed it "defeats in various elections".
The UPA has given a "free-hand" to multi-national oil firms, which are busy in "robbing" the common man, party president Sukhbir Singh Badal alleged.
"If it is the multi-national companies which will decide on the prices, why do we need a government at the Centre?" Badal said, noting that by hiking prices a day after the general budget, government has made a mockery of budget process.
He demanded an immediate rollback of the hike, alleging that the decision was taken without taking the Parliament into confidence.
In a second major increase in as many weeks, the prices of petrol were hiked today by Rs 1.40 per litre.
As the hike excludes local sales tax or VAT, the effective increase in prices is set to be higher.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 01 2013 | 7:55 PM IST

Next Story