Trinamool leader and Minister of State for Urban Development Saugata Roy said party chief Mamata Banerjee will convene a meeting of the parliamentary party to take a final call on the issue. On Friday, Banerjee chief gave the government 72 hours to "rethink" its decision on allowing FDI in retail and the diesel price hike.
"She (Banerjee) has given 72 hours to the central government to modify, change its decision in regard to cancellation of diesel price hike, the cap on supply of LPG cylinders and introducing FDI in retail. If there is no response from the central government by that time, the Trinamool Congress will sit and take a hard decision," Roy told Times Now channel here.
He said the timing of Tuesday's parliamentary party meeting has not been fixed yet.
Party MP Kunal Ghosh had said earlier that the parliamentary party was meeting on Tuesday to decide on withdrawing support to the United Progressive Alliance (UPA) government and to instead support it from outside.
"As of now the time of the parliamentary party meeting has not been fixed, we will sit together and take a decision. This involves not only our party but also concerns the people. Trinamool in past also opposed fuel price hike whether it be of petrol or diesel. It is a serious matter... Trinamool has taken it very seriously," Roy said.
The Trinamool is an important constituent of the ruling United Progressive Alliance.
Earlier, Ghosh said Mamata Banerjee has convened a meeting of the parliamentary party Tuesday to take a final call in this regard.
"We have opposed the anti-people decisions taken by the government and Trinamool parliamentary party will meet on Tuesday. We will review the situation and take appropriate decision," Ghosh said.
The government Friday decided to allow up to 51 percent foreign direct investment (FDI) in multi-brand retail, which Banerjee has been fiercely against.
Ghosh said the party was keeping all its "options open".
Meanwhile, Rashid Alvi, Congress spokesperson expressed confidence about sorting out the matter with the Trinamool chief.
"It is an internal matter, Mamataji is a respected leader of the government, we do not want to make any comment. Even if we have some differences we will sort it out," he said.
Trinamool has 19 MPs in the Lok Sabha and six ministers in the United Progressive Alliance (UPA) government at the centre.