Centre, states need to talk to ease load on consumer: FM on fuel price hike

On a separate note, Sitharaman says govt's intent is not to shut down PSUs but it wants pvt sector to infuse more capital and bring operational efficiency

Speaking on the fuel price hike issue, Finance Minister Nirmala Sitharaman on Thursday admitted that both the Centre and state needed to talk in a way to reduce burden on petrol and diesel consumers.

"If eventually, we want the consumer not to be bearing so much of the burden, it is the Centre and states that have to talk... Let's see what we can do," said Sitharaman while interacting with students and faculty at an event organised by the JSW School of Public Policy at the Indian Institute of Management (IIM) Ahmedabad.

"I strongly believe it is no longer competitive (between Centre