Cong top brass meets amid speculation over diesel price hike
The meeting witnessed the attendance of Petroleum Minister M Veerappa Moily, Waters Resources Minister Harish Rawat and Railway Minister Pawan Kumar Bansal apart from the regular members of the Congress Core Group.
Sources said that the meeting discussed the report of Vijay Kelkar Committee, which was appointed by the Finance Ministry to suggest a roadmap for fiscal consolidation.
The panel had recommended an immediate hike in price of diesel by Rs 4 per litre, of kerosene by Rs 2 a litre and of LPG by Rs 50 per cylinder. Thereafter, it suggested raising rates on a monthly basis till revenue losses are wiped off.
The party, however, remained tighlipped on whether the diesel prices will be increased with Congress spokesperson Sandip Dikshit saying that the party will respond on the issue only when a decision is taken by the Government.
Oil Minister M Veerappa Moily said that the government will take a decision on raising diesel and cooking fuel prices along with increasing number of subsidised LPG cylinders for households "as quickly as possible".
The meeting of Congress Core Group also came in the backdrop of the brutal killing of Indian soldiers along Line of Control, which has led to widespread outrage in the country.
The meeting also discussed Cauveri Water dispute, where Rawat is learnt to have told the leadership about the contradictory stand being adopted by Karnataka in