In separate tweets, Chidambaram also urged all Prime Ministers to oppose the Terms of Reference (ToR) of the Fifteenth Finance Commission, which was "an attempt by the central government to violate the Constitution and destroy the federal system."
"Here we are again, more taxes on gasoline and diesel, more burden on the consumer, the Karnataka election was just a break," he tweeted.
After a 19-day shift in opinion before Karnataka, today's gasoline price was increased by 1
In Delhi, the gasoline price was increased from 74.63 rupees to 74.80 rupees per liter, while the diesel rate was increased from 65.93 rupees to 66.14 rupees per liter, according to a price announcement by state oil marketer.
Diesel prices have hit a record high while gasoline reaches a 56-month high.
Oil PSUs, which had kept interest rates unchanged for almost three weeks before Karnataka had gone into surveys despite the cost increases, returned to daily price reforms as soon as the state had elected a new government on Saturday.
Chidambaram also said Kerala Minister of Finance T M Thomas Isaac's open letter on the ToR of the 15th Financial Commission deserves support.
"I urge all state CMs and FMs to sign up to protest the Center's attempt to violate the Constitution and destroy the federal system," he said.
Isaac said that some finance ministers who met in Thiruvananthapuram and Amaravati were concerned about the impact of the ToR's decision on the Finance Commission.
"What the ToR challenge is is the constitutionally anchored federal values and the minimum fiscal autonomy enjoyed by state governments," he said.