Kerala CM-designate Satheesan: Assessing impact of fuel price hike on people

V D Satheesan, CM-designate, is exploring ways to lessen the burden on the public while former CM Pinarayi Vijayan strongly criticizes the central government's decision. He calls for an immediate withdrawal of the increase, stating it unfairly imp...

PTI
Thiruvananthapuram: Kerala CM-designate V D Satheesan on Friday said that he was in discussions with officials on how to reduce the impact of the rise in fuel prices on the general public, while former chief minister Pinarayi Vijayan termed the hike by the Centre as a grave injustice to the people and demanded its withdrawal.

Satheesan, speaking to reporters here, said, "We are discussing the increase in the price of petroleum products and we are assessing its impact on the public and then we will take a decision on it."

Read More: EC to conduct SIR of electoral rolls in Odisha from May 30: CEO


Vijayan, in a statement, said that the central government was imposing an additional financial burden on the common people who were already reeling under the weight of price rise and increasing living costs, instead of providing them some relief.

He demanded that the central government should immediately withdraw its allegedly "unjust decision that protects corporates by robbing the people".

He claimed that when the price of international crude fell, its benefit was not passed on to the public and now, under the garb of recouping losses incurred by oil companies, the cost of petrol and diesel has been increased by Rs 3 per litre.
ADVERTISEMENT

Petrol and diesel prices were hiked by Rs 3 per litre each on Friday, the first rate increase in more than four years, amid mounting losses of fuel retailers due to surging global crude prices.

The senior CPI(M) Politburo member said that the new development comes even as the lives of the people were miserable due to the shortage of cooking gas and price rise caused by the allegedly wrong policies of the central government.

He contended that such decisions, at a time when people should have been helped through correct governance and effective interventions, cannot be justified by any means.

Vijayan pointed out that the increase in fuel prices will cause the prices of daily necessities and transportation costs to skyrocket again and it will adversely impact workers, farmers and middle-class families.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Kerala CM-designate Satheesan: Assessing impact of fuel price hike on people
Text Size:AAA
Success
This article has been saved

*

+