Withdraw fuel price hike: traders association

June 28, 2011 02:33 am | Updated November 17, 2021 01:19 am IST - MADURAI:

The Tamil Nadu Foodgrains Merchants Association has written to the Prime Minister Manmohan Singh asking him to withdraw the recent price hike of diesel, Kerosene and LPG.

The Union government on Friday decided to increase the price of diesel by Rs. 3 a litre, kerosene by Rs. 2 a litre and domestic LPG by Rs.50 a cylinder.

In a letter to the Prime Minister, association president S.P. Jeyapragasam said that Tamil Nadu was dependent on northern States for meetings its requirements of essential commodities such as pulses and dal. These are transported mostly through trucks and vans.

At present, industries and food processing units were dependent on diesel generators due to the power shortage prevailing in the State.

The increase in diesel and kerosene prices would be result in higher prices for these commodities.

He also termed the increase of Rs. 50 per LPG cylinder as “very high” and said that it would affect all sections of the society. The association urging Dr. Manmohan Singh to factor in all these points and roll back the price hike.

Lorry owners

The Lorry Owners Association here has said that their freight charges to destinations in other cities and States would be increased by 20 per cent from July 1.

In a statement, the association said that lorry owners were also suffering from high charges at toll gates, increase in prices of tyres, a 70 per cent hike in third party insurance premiums and increased prices of spare parts.

Call to slash taxes

It also called upon the Government to slash the taxes and other levies on diesel rather than pass on the increased cost in global crude oil market to the end consumers.

The association also urged the Chief Minister Jayalalithaa to intervene in this issue by calling upon the Centre to scrap the price hike and reduce the taxes levied upon the fuel by the State Government.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.