NDA constituents oppose deregulation of diesel

Two NDA constituents in Tamil Nadu today opposed the Narendra Modi government’s decision to deregulate diesel prices, and voiced concern against stopping of subsidy for the fuel.

PMK and MDMK, both allies of BJP, however welcomed the reduction in diesel prices by Rs 3.65 pet litre.

PMK founder S Ramadoss said diesel deregulation was a ‘matter of concern’ and that governments at the Centre have been keen on doing away with fuel subsidies.

With a Rs 30.10 increase in diesel rates since January 2009, besides dip in international crude prices, Oil Marketing Companies were making profit and therefore yesterday’s reduction in diesel prices, he said in a statement.