New Delhi: In wake of the failure of the Centre to check the skyrocketing inflation, Janata Dal United (JDU) President and Madhepura MP Sharad Yadav has suggested a unique formula to control soaring price rates.

In a letter to Union Petroleum Minister Jaipal Reddy, Yadav suggested that diesel price should be doubled for the people hailing from economically sound background and industry owners. He opined that subsidy should be given only to farmers and transport sectors (truck and railways).

Expressing his concern over the issue, Yadav is also planning to write similar letters to the Prime Minister and United Progressive Alliance (UPA) chairman Sonia Gandhi.

In the letter, Yadav accused the rich and industry owners of making money under the cover of subsidy on diesel.

Revealing official data, the JDU president said, “Power generators of Mobile towers and heavy vehicles consume the maximum diesel. There are about 8 lakh mobile towers, which under the cover of diesel subsidy are generating whopping revenue to the tune of Rs 2,600 crore.”

Yadav suggested that doubling the diesel price for people belonging to financially sound background will generate the revenue as well as check the environmental pollution.

JPN/Bureau