Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Wednesday said the Central government must desist from implementing policies that lead to uncontrollable rise in fuel prices.
''The overall price rise caused by the Union government's frequent hiking of fuel price weakens consumption and thereby stands in the way of economic growth. This rise in price of essential commodities hurts a consumer-State like Kerala. The Centre must refrain from implementing policies that lead to uncontrollable rise in fuel prices,'' CM said.
The Chief Minister said the fuel price was rising uncontrollably after the shift from administrative price mechanism to dynamic pricing. He said the people were not getting any benefit of the change in international oil prices.
''When the price in the international oil market reduces, the Central government increases the excise duty and the people were not benefitted from the reduction of price in the international market,'' he said.
The Chief Minister said during the last six years, the central tax on petrol and diesel was increased by 307 per cent. He asked the Centre to refrain from increasing the excise duty when the price of oil reduces in the international market.
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