Talking to reporters here, Chandy also rejected the contention that the state treasury was empty.
He said the UDF in the Opposition would extend constructive support to the new government.
Chandy also criticised the Modi government which is celebrating the second anniversay in Office.
The NDA government had not taken any steps to reduce the price of petroleum products even though crude oil price crashed in the international market, he said alleging the Centre was cheating the people of the country.
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Government should bring down the price of petrol to Rs 45 per liter and that of diesel to Rs 40 per liter, he said, adding 'Centre should utilize the circumstances that will benefit the commonman'.
Chandy wanted the Centre to reconsider its decision to windup the Non Resident Indian Affairs Ministry.
He came down on Centre's decision to scrap Planning Commission and said 'the new mechanism Nitiyog has only a role of an advisor'.