Petrol price hike can force people to revolt, says Subramanian Swamy

Subramanian Swamy
Subramanian Swamy, File Photo

New Delhi, Sep 10 : Senior Bharatiya Janata Party  leader Subramanian Swamy said that Prime Minister Narendra Modi must act to  reduce the prices of petrol and diesel  as hike in petrol prices can force people to  revolt against the government.

“I feel that the macroeconomic price for petrol is Rs 40 and somehow the PM Narendra Modi  must ask the Petroleum Minister to think as a part of Economic Affairs Ministry& not as Petroleum minister and stop setting prices so high that people can go to the point of revolt,”Subramanian Swamy said.

“When crude oil price rises the price of fuel must be raised is microeconomis and I am not in favour of microeconomics as it involves only two persons (buyer and seller) but here the whole economy is involved so it is a macro economics,” he added.

Congress and Left Front have separately called nationwide ‘Bharat bandh’ to protest against soaring fuel prices and weak rupee.A united Opposition, led by Congress President Rahul Gandhi, on Monday staged a foot march here in support of a nationwide shutdown protest or ‘Bharat Bandh.

The Congress President paid tributes to Mahatma Gandhi at his memorial at Rajghat. He also offered water at the memorial which he brought from Kailash Mansarovar yatra before joining other opposition leaders including Congress leaders Ghulam Nabi Azad, Ashok Gehlot, Anand Sharma, Ambika Soni, Ahmed Patel, Randeep Singh Surjewala, Abhishek Manu Singhvi, Shailja Kumari, Meira Kumar, Jairam Ramesh; NCP’s Tariq Anwar, LJD’s Sharad Yadav and RJD’s Manoj Jha in the nationwide shutdown

While the Janata Dal-Secular (JD-S), Samajwadi Party (SP), Dravida Munnetra Kazhagam (DMK), Rashtriya Janata Dal (RJD) and Maharshtra Navanirman Sena (MNS) have backed the shutdown.

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