Business Standard

Fuel price hike to add Rs 500 cr burden on state: Saurabh Patel

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BS Reporter Mumbai/ Ahmedabad

With the latest price hike in gas, diesel and cooking gas imposed by the Centre, the Gujarat government has said that the move will put a burden of Rs 500 crore on the state exchequer.

According to Saurabh Patel, Minister of State for Energy, Government of Gujarat, the fuel price hike will adversely affect the state government projects.

"The excessive hike imposed by the Congress-ruled UPA government has made the life of the people miserable. Not only has the government utterly failed in checking the price rise, it has on the country, added a huge load on the states," said Patel.

 

Mentioning that Gujarat government has not levied any tax on LPG gas and kerosene, Patel said that the central government has recently cut down the Gujarat’s kerosene quota by 33 per cent, which has invoked the anger of poor people as the quota was meant for the ration-card holding BPL families.

"And now, they have imposed a strenuous load in terms of fuel prices," he added. "At the time when Gujarat is rapidly developing with the various projects going on across the state, the hike in fuel prices will adversely affect these projects as it will put a great burden upon them," said Patel.

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First Published: Jun 28 2011 | 12:33 AM IST

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