deregulation

Decontrol of Diesel Prices

The Central Committee condemned the decision of the UPA government to decontrol diesel prices. This will lead to continuous increase in the prices of diesel just as it happened with the prices of petrol after deregulation. The rise in the prices of diesel will impact on transport and increase inflation. It will also affect farmers adversely. The UPA government is adamant about further burdening the people who are already suffering from ever increasing price rise of all essential commodities.

The decision to cut petrol price by two rupees, on the eve of the parliament session is nothing but a poorly concealed ploy to deflect the widespread criticism of the failure of the Government to check inflation.