Petrol price hike is unfortunate, wrong: Mamata Banerjee

New Delhi: West Bengal Chief Minister Mamata Banerjee has once again hit out at the Centre over the latest hike in petrol price, terming it as unfortunate and wrong.

The Trinamool Congress chief also demanded a rollback of the decision.

This came two days after Banerjee on Monday slammed the latest hike of petrol price "without consulting allies" and demanded its immediate rollback till a long-term policy evolved after consulting all political parties.

The West Bengal Chief Minister has once again hit out at the Central government demanding an immediate rollback.

"We have learnt from news reports that there has been a fresh hike in petrol prices. We do not support this. We are deeply unhappy. TC will protest it," Banerjee had said.

She had further said "We think that instead of putting burden on the common people this way, a specific long-term policy should be evolved after consulting all political parties in this regard."

The Trinamool Congress chief had said that such hike in the price was done without consulting the UPA allies. She said that she would take up the issue with Prime Minister Manmohan Singh.

Petrol price was on Monday hiked by 70 paise per litre on firming international oil rates.

The marginal hike in rate followed reductions last month - Rs 2.02 per litre on June 3 and Rs 2.46 a litre on June 29. The twin price cuts followed the massive Rs 7.54 per litre increase in rates, the biggest in the history, effected in May.

Monday's increase was "necessitated due to increasing international oil prices and movement in INR-$exchange rate," Indian Oil Corp, the nation's largest fuel retailer, had said in a statement.

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