The Polit Bureau of the CPI(M) condemns the increase in the price of petrol by Rs. 2.35 per litre. This is the sixth increase in the price of petrol in the last three months. The price of diesel has been increased on the monthly basis of 50 paise per litre and a steeper increase is expected after the Parliament session.
Unable to check the falling value of the rupee, the UPA government is resorting to successive increases in the fuel prices. This will only add to the burdens on the people by stoking inflation and rising prices of all commodities.
The Polit Bureau demands that the UPA government stop this ruinous policy of continuous hike in prices of petroleum products.