FEAR OF HARTAL: FUEL PRICE HIKE POSTPONED

FEAR OF HARTAL: FUEL PRICE HIKE POSTPONED

Tvm: Why did the Centre refrain from increasing diesel, kerosene and LPG price on Tuesday?  With Prime Minister Manmohan Singh set to inaugurate the Emerging Kerala summit on Wednesday, Chief Minister Oommen Chandy was apprehensive that the price hike would fuel protests by the Left Parties .

As per sources CM contacted A.K. Antony, defence minister and a member of Cabinet Committee on Political Affairs, and briefed him about the intelligence report on the hartal threat on the first day of the meet. 

Antony apprised Prime Minister Manmohan Singh and Union Finance Minister P. Chidambaram about the situation in Kerala. Chidambaram, in consultation with petroleum minister S. Jaipal Reddy, then decided to defer the move to hike fuel price. 

Thanks to Emerging Kerala.

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