BJP has no right to flay fuel price hike: Narayanasamy

Image
Press Trust of India Puducherry
Last Updated : Jan 20 2013 | 5:29 AM IST

"BJP's criticism of the hike in diesel price is untenable and unacceptable," he told reporters here.

Slamming the opposition parties for holding a nation-wide bandh on September 20 to protest the diesel price hike, he said the Centre had granted a subsidy of Rs 1.40 lakh crore for petrol, diesel and LPG during 2011-2012. Already oil companies were in the red with losses to the tune of Rs 20,000 crore, he claimed.

He said Congress-ruled states had increased the cap on the number of LPG cylinders from six to nine. "Why have BJP-ruled states failed to replicate the step?," he asked.

On FDI in multi-brand retail, he said it was a good augury to ensure speedy economic growth, fair price for producers and elimination of middlemen.

He said the UPA government had absolute majority even after the Trinamool Congress withdrew support, adding, the Samajwadi Party and BSP had extended unconditional support from outside.

Narayanasamy flayed Puducherry Chief Minister N Rangasamy for "failing" to project requirements of the Union Territory and to press release of six TMC of Cauvery water for Karaikal at the Cauvery River Authority meeting held recently.

  

*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: Sep 23 2012 | 7:35 PM IST

Next Story