The Centre of Indian Trade Unions (CITU) has urged the oil marketing companies to withdraw the decision to sell high-speed diesel (HSD) at market rates to the Kerala State Road Transport Corporation (KSRTC).

The decision to charge market rates for the HSD would result in closure of the corporation, which is already reeling under financial crisis, the CITU State secretariat said in a release.

The government should come forward to bear the additional expense in the fuel bill caused by the imposition of the market rates, and take steps to protect the KSRTC, it said. The CITU said a concerted effort was needed to save the loss-making corporation and the employees would launch a stir.