The UPA is under pressure from key allies DMK and the Trinamool Congress who have been demanding a roll back of the petrol price hike. The government was on Friday forced to defer a meeting to decide on limiting the supply of subsidised LPG cylinders.
An unnerved government faced anger both from outside and within with the DMK and the Trinamool Congress accusing the government of not keeping them in the know on the EGoM proposal to hike LPG prices. The Pranab Mukherjee led EGoM was shelved.
The EGoM was supposed to discuss a proposal to limit subsidy on LPG cylinders to 4 to 6 cylinders per household and any cylinder over and above this would have to be purchased at market rate ranging from Rs 666 to Rs 750.
The government was hoping that with about only 20 per cent of population using more than 4 cylinders and rural India not too hooked to it, it wouldn't be a politically hard decision. But the timing was wrong, coming just a day after a over Rs 3 hike in petrol prices. Allies and Opposition demanded a rollback. Read More
for detailed price charts.
0 comments:
Post a Comment