HCCI rejects increase in POL prices

02 Apr, 2012

Acting President Hyderabad Chamber of Commerce and Industry (HCCI) Turab Ali Khoja has rejected increase in prices of petrol, diesel, kerosene oil and CNG saying that the industrial and agriculture sectors could not afford such a huge raise.
He said the common man was already facing tsunami of inflation and the recent increase in prices of POL products and CNG rates was completely unbearable.
He was of the view that the government was following the polices of oil and gas companies, which was responsible was the increasing cost of production in the country. Khoja demanded of the government to immediately withdraw it decision.

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