decontrol

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 move will have disastrous repercussions on the cultivating peasantry especially the small and marginal farmers who are already facing an acute agrarian crisis reflected in the fact that suicides by farmers have crossed the 2 lakh mark. It is also to be noted that this move by the Congress-led Government is coming in the context of unprecedented drought and floods that hit large parts of the country in quick succession leading to drastic reduction in acreage and output of major crops.