More petrol, power, LPG price hikes coming soon, says PM at National Development Council to boost 12th Five Year Plan

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PTI: New Delhi, Thursday, Dec 27, 2012 at 1239 hrs IST

Prime Minister Manmohan Singh today made a strong case for "phased" hike in prices of petroleum products, coal and power as they are "underpriced" warning that failure to control subsidies would lead to cut in plan expenditure. "Unfortunately, energy is underpriced in our country. Our coal, pe ....Read more

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Reader's Comments (6)| Post a Comment

Insensitive Govt

Ranita | Thursday , 27 Dec '12 14:56:44 PMReply | Forward

While our politicians have amassed so much wealth making them immune to inflation, hikes in prices.Only the mango man is going to suffer. Thank you UPA.

Prime Minister Manmohan Singh

neeta chaturvedi | Thursday , 27 Dec '12 14:18:52 PMReply | Forward

Yes Sir. Yes Prime minister. I am sure you would have checked it with Madam first. anyways..the more the merrier (price rise).

Price hike on essentials

Shanthanu | Thursday , 27 Dec '12 14:04:40 PMReply | Forward

We don't mind bearing more burden Mr.Prime Minister if all the parliamentarians would be made to lose their freebies.

Growth Vs Character

Dr.M.M.HAZARIKA PhD | Thursday , 27 Dec '12 13:53:22 PMReply | Forward

The Display or demonstration of GROWTH or POWER bears no value unless and untill the entire derive a beneifit.Taking something from one and giving it to the other cannot be called as DEVELOPMENT.With our moral value grounded to below zero;what better we can expect from ourselves through our initiation of such steps belately? As the Nature is flowing reverse everywhere unable to withstand the assults inflicted upon it ;we need to build our character first to taste the sweetness of knowledge and GROWTH.With the basics absent;we are fast moving into the unknown

Telangana state a progressive step.

Shyam | Thursday , 27 Dec '12 13:40:52 PMReply | Forward

Pakistan born Manmohan Singh does not allow formation of Telangana state which will increase growth rate of GDP to 9%. The growth of India is due to domestic growth rather than global reasons, that is why India has been largely unaffected by global recession.

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