BJP’s ‘bitter medicine’ of price hike

Publish Date: 03 Jul 2014, 03:49 PM
Last Updated: 03 Jul 2014, 03:49 PM
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BJP’s ‘bitter medicine’ of price hike

BJP’s ‘bitter medicine’ of price hike

Within a month of coming to power, Narendra Modi-led NDA government at the Centre hiked the price of diesel by 50 paise per litre. The monthly hike in the prices came after the new Petroleum Minister held several rounds of discussion with the state-owned oil firms on continuing with the reforms initiated by the UPA government.

Diesel rates were hiked in continuation with the previous UPA government's January 2013 policy of raising prices in small doses every month to eliminate subsidy.

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