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Petrol price hike could have been avoided: Jayalalithaa Slamming the central government for hiking the petrol price, Tamil Nadu Chief Minister J. Jayalalithaa on Wednesday said the decision could have been avoided by sound economic action. In a statement, she said: "By reducing the profits of the oil companies and the central taxes on the oil and by controlling the rupee depreciation through economic actions, the petrol price hike could have been averted."
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