Govt defends decision on diesel price hike

Image
Press Trust of India New Delhi
Last Updated : Jan 29 2013 | 2:34 PM IST

"We have always tried to mitigate the burden on the common people. But at the same time, we've kept larger economic imperatives in mind," Information and Broadcasting Minister Manish Tewari said.

Hitting out at the opposition for denouncing the government move, he said the Trinamool Congress and the BJP should not oppose it as they have themselves were party to similar decisions on different occasions when in power.

"In response to what was you told me is the reaction of the Trinamool Congress, I am quite surprised. Because if I remember correctly, it's the TMC government (in West Bengal) which had raised power tariffs in Kolkata. Therefore, a party which raises power tariffs, I don't think they should be talking about the impact of deregulation even before studying it," he told reporters here.

He said as far as the BJP is concerned, "I think they would be well served to reflect at their own track record.... I had recounted that they had raised petrol and oil prices by as much as 66 times between 1999 and 2004, give or take a number here or a number there."

Tewari said the UPA government and Congress have always put national interest over party's and political interest.

The Minister maintained that in a "tough" international situation, it is "a very difficult balancing act where you have to balance the twin imperatives of revenue generation - because a large part of your crude is imported from abroad- and ensuring that as less of the burden is passed on the people as possible."

  

*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: Oct 04 2010 | 12:49 PM IST

Next Story