Farooq for 'balancing act' on fuel price hike

Image
Press Trust of India New Delhi
Last Updated : Jan 24 2013 | 2:10 AM IST

"Price rise (petrol) is already there. What to do?...I do not decide petrol prices. Those who produce petrol, they decide. There has to be a balancing act so that price should not be hiked so much that poor people suffer badly," NC leader and New and Renewable Energy Minister Farooq Abdullah told reporters on the sidelines of a function here.

He was responding to a question about his stand on the petrol price hike decision likely to be taken in the Cabinet Committee on Political Affairs (CCPA) meeting, which will be held later in the day.

Abdullah, who is also a member of the CCPA, said, "If at all we have to increase price then it should be done in a way that at least people can live...If people die then what is the point?"

On the roadblocks to Kudankulam nuclear power project in Tamil Nadu, he said, "There are road blocks in every thing but we should tell people what are our needs. If we need electricity, (from) where it will come? It will not come from god. So we have to try because our needs are more and nuclear energy is necessary."

About the safety aspect of the plant, the minister said, "The plant is safe at Kudankulam. This is essential for us. Electricity is very essential for fighting poverty. This will enable functioning of the industry and industry will create jobs...It is an important and a very big project...Tamil Nadu is also deficient in power, they also need power."

On the issue of infiltration, Abdullah said, "All over the world the problem has started. Any country you see, you will find infiltrators there. Many have political support in those countries. We are facing the same problem."

Advocating strengthening of ties between India and Pakistan, he said, "Both the countries understand that there is no other way than friendship...There are (some) people in Pakistan who think they cannot survive without creating problem. There are (some) people also here who do not want friendship (between the two nations to) materialise for their vested interest."

  

*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 13 2012 | 3:25 PM IST

Next Story