Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
K. Srinivasa Rao

Hike in fuel prices will lead to inflation: CITU

The price rise comes even as crude oil prices are plummeting worldwide, say protesters. (Source: THE HINDU)

CITU State vice-president D. Govinda Rao on Tuesday alleged that the Union Government was fleecing the public with a steep hike in prices of petroleum products although crude oil prices in the international markets had fallen drastically in the last three months.

The trade union organised a massive protest in Etcherla of Srikakulam district demanding that the government roll back the prices immediately. Mr. Govinda Rao said that the additional burden of ₹10 on each litre of petrol and diesel would take a severe toll on people’s finances and lead to inflation.

CITU leaders P. Tejeswara Rao, Ch. Ammannaidu and others participated in the agitation.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.