Congress leader P Chidambaram slams fuel price hike, says ‘interval’ due to Karnataka polls

Team Udayavani, May 14, 2018, 2:11 PM IST

New Delhi: Senior Congress leader P Chidambaram today slammed the government for hiking petrol and diesel prices, saying the recent “interval” was only due to the Karnataka elections which got over on Saturday. In separate tweets, Chidambaram also asked all chief ministers to oppose the terms of reference (ToR) of the 15th Finance Commission, which he said was the central government’s “attempt to violate the Constitution and wreck the federal system”.

“There we go again. More taxes on petrol and diesel, more burden on the consumer. The Karnataka election was only an interval,” he tweeted. After a 19-day pre-Karnataka poll hiatus, the price of petrol was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers. In Delhi, the price of petrol was hiked to Rs 74.80 per litre from Rs 74.63 while the rate of diesel was increased to Rs 66.14 a litre from Rs 65.93, according to a price notification issued by state-owned oil marketing companies.

With this, diesel prices have touched a record high while petrol is at a 56-month peak. Oil PSUs, which had kept rates unchanged for nearly three weeks before Karnataka went to polls despite input cost spiking, reverted to daily revision in prices no sooner had the state voted to elect a new government on Saturday. Chidambaram also said Kerala Finance Minister T M Thomas Isaac’s open letter on the ToR of the 15th Finance Commission deserves support.