Tamil Nadu CM Vijay Demands Immediate Rollback of Fuel Price Hike
'Unacceptable': Tamil Nadu CM Vijay Attacks Centre Over Fuel Price Hike, Calls For Rollback
News 18
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Tamil Nadu's Chief Minister, C Joseph Vijay, has called for an immediate rollback of the recent ₹3 per litre hike in petrol and diesel prices, labeling it 'unacceptable'. He argues that this increase will worsen inflation and harm the state's poor and middle-class families, while also threatening the local economy, particularly Micro, Small, and Medium Enterprises (MSMEs).
- 01The fuel price hike is the first increase after a four-year freeze by state-run oil marketing companies.
- 02Vijay's administration is the first from a non-Dravidian party since 1969, marking a significant political shift.
- 03The Chief Minister emphasized the negative impact on MSMEs, which are crucial to Tamil Nadu's economy.
- 04Public protests have emerged in response to rising fuel prices, with petrol prices in Thiruvananthapuram reaching ₹110.76 per litre.
- 05Vijay's stance aligns with a growing national dissent against the central government's fuel pricing policies.
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Just days after taking office, Tamil Nadu Chief Minister C Joseph Vijay has demanded the central government roll back a ₹3 per litre increase in petrol and diesel prices, calling the hike 'unacceptable'. This price revision, which ended a four-year freeze, has raised concerns about inflation and its disproportionate impact on poor and middle-class households in the state. Vijay highlighted that the increase poses a direct threat to Tamil Nadu's industrial backbone, particularly affecting Micro, Small, and Medium Enterprises (MSMEs) already struggling with high operational costs. The Chief Minister criticized the timing of the hike, suggesting it follows a pattern of suppressing prices during elections to avoid backlash. His confrontational approach marks a significant shift in Tamil Nadu's political landscape, as he is the first leader from a non-Dravidian party to hold the office since 1969. The demand for a rollback has resonated nationally, with public protests emerging in response to soaring fuel prices. As the new administration settles in, the fuel price issue could define Vijay's early tenure and his commitment to prioritizing the welfare of the state's citizens.
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The fuel price hike is expected to increase operational costs for MSMEs and reduce the purchasing power of low-income households in Tamil Nadu, potentially leading to higher prices for goods and services.
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