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Trinamool Congress opposes 2012 Diesel Price Hike and FDI reforms


Trinamool Congress

The Trinamool Congress party, which is a major ally of the United Progressive Alliance has opposed the Rs. 5 per litre hike in diesel price, subsidization of LPG and announced FDI in retail and civil aviation that were announced by the government in September 2012.

Main Article: 2012 September Diesel Price Hike and FDI reforms

Related: Trinamool Congress withdraws support from UPA 2

Trinamool Congress gives ultimatum

Trinamool Congress has given a 72-hour ultimatum to the government to roll back the hike in diesel prices. TMC Chief Mamata Banerjee called a party meeting on September 18, 2012 to decide whether to back out of the UPA alliance.

Mamata Banerjee warned the Government to roll back the hike in diesel price and revoke the FDI in retail. Addressing a protest rally on 15 September 2012, Mamata Banerjee said, " We are not in favour of toppling the government. But they should not forget the lakshman rekha of the alliance. We will not agree with any anti-people decisions. We have given 72-hour deadline to rethink ... if you roll back, it's good. But if not, then be ready to face the consequences".

Trinamool Congress to recall its ministers

With the government firm on not recalling the recent reforms they made, Trinamool Congress on September 16 has decided to recall its ministers from the Centre without withdrawing support to the UPA coalition. TMC chief Mamata Banerjee is set to announce the resignation of her party's ministers from the central government on Tuesday when the 72-hour deadline they've set comes to an end. Sources say that she will wait for the next big policy confrontation with the government to withdraw support from the UPA.

Responding to indications of TMC recalling its ministers, BJP said that the UPA allies are not being able to put up with the arrogance of the Congress party. BJP leader Balbir Punj demanded a special session of Parliament to be convened immediately and demanded Prime Minister Manmohan Singh to resign. "UPA 2 has lost the confidence of aam admi, the man is on the street because of its corrupt and anti-people policies. It does not have virtually any dialogue with the opposition parties. It's isolation is complete because its own allies cannot live up with its arrogance and anti-people policies," he said.

Center willing for a compromise?

Prime Minister Manmohan Singh is likely to speak to West Bengal chief minister Mamata Banerjee as the deadline set by Mamata will end soon. Reports say that the Center is willing to make a compromise on the issue by issuing a partial rollback in diesel price hike and raising the cap on LPG cylinders per year.

Sources say that Manmohan Singh has phoned Mamata Banerjee and left a message, but the West Bengal Chief Minister hasn't called back.

Historic decision in the offing

Mamata Banerjee will take a 'historic decision', this according to his party MLA and West Bengal state transport minister Madan Mitra. Speaking to reporters on September 17, Mitra said, "A historic decision will be taken at tomorrow’s meeting. Our party chief and West Bengal Chief Minister Mamata Banerjee is the last word for us. Whatever be the decision, it will be in favour of the common people,"

The Trinamool Congress MP’s will meet at Town Hall on September 18, 2012 to decide on future course of action.

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