Sunday, February 18, 2018 10:48:52 PM

Jayalalithaa demands roll back of fuel price hike

By India News, India Breaking News, Latest news headlines in India - Oneindia News - Tue Apr 05, 5:55 am

Terming the latest fuel price hike as unacceptable, Tamil Nadu Chief Minister J Jayalalithaa today said it would lead to increase in the price of essential commodities and demanded its roll back.

In a statement here, she said the increase in the prices of petrol and diesel by Rs 2.19 and 98 paise per litre respectively since yesterday was an outcome of a wrong fuel pricing mechanism.

“As I have told many times in the past, it is unjustifiable that the fuel prices are fixed based upon the fluctuation of Indian currency against US Dollar,” she said.

Hitting out at the Centre for increasing the excise duty on petrol from November 2014 by Rs 11.77 and Rs 13.57 in diesel till date, she said, “The current increase in fuel price is not acceptable….

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