Badal slams Centre for hike in petrol and diesel prices

Image
Press Trust of India Chandigarh
Last Updated : Aug 31 2013 | 9:40 PM IST
Slamming the Congress-led UPA government at the Centre, Punjab Chief Minister Parkash Singh Badal today said the hike of petrol and diesel prices was a "criminal conspiracy" to extend benefit to big oil companies at the cost of common people.
In a statement issued here, Badal claimed the Centre was well aware of the fact that it would be thrown out of power in the coming Lok Sabha elections and was extending largesse to oil companies at the fag end of its term.
The hike in petrol and diesel prices would further propel inflation and accentuate woes of common man, he said.
This increase has "exposed the anti-poor face of the UPA government", Badal said, terming the hike as "totally unjustified and anti-people" and done at a time when the country's economy was in doldrums.
The Chief Minister said this decision would be a fatal blow to the agriculture sector as farming was no longer a profitable venture due to massive hike in agricultural input costs, and added that non-remunerative MSP would further jeopardise the country's food security.
*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: Aug 31 2013 | 9:40 PM IST

Next Story