The Polit Bureau of the CPI(M) strongly denounces yet another hike in the prices of petrol, diesel and cooking gas
Confronted with a recession in the economy which has been compounded by the huge health concern that the Corona pandemic has created, it would have been in the fitness of things if the benefit of the fall in prices were passed on to the already overburdened consumer. This, however cannot be expected from a government which is oblivious to the concerns of the common man and is more concerned in promoting the interests of corporates and its cronies.
The government is earning profits through regular hikes in the duties of petroleum products. When petroleum products were deregulated the country was told by this government that the taxes would be reduced to zero. While the oil companies pay Rs. 25.31 per litre of petrol, people pay Rs. 65.60 for the same litre.
The Polit Bureau of the Communist Party of India (Marxist) strongly condemns the massive hike in the prices of petrol and diesel announced by the Modi government. This will lead to the cascading of the inflationary spiral imposing unprecedented burdens on the working people, once again in a big way. The Polit Bureau of the CPI(M) calls upon the people to protest against this latest imposition of burdens on their livelihood.
January 17, 2015
The Polit Bureau of the Communist Party of India (Marxist) has issued the following statement:
Sham of Lowering Petrol & Diesel Prices
The CPI(M) condemns the deregulation of diesel pricing. This is nothing but an abdication of the responsibility of the government to control and regulate the prices of a crucial item of fuel which has a direct impact on the prices of all essential commodities......The CPI(M) reiterates that the gas pricing system should not be based on the average of prices ruling in international hubs without any reference to the domestic cost of production of gas. .....The announcement of cash transfer scheme through banks for delivery of subsidy for LPG cylinders will lead to the exclusion of a substantial section of the people ...
The Left parties express serious concern at the crushing burden of price rise which is affecting all sections of the people. There is no respite in the upwards spiral of prices of food items and essential commodities with food inflation reaching a record high of 20 per cent. The UPA government is adding fuel to the fire by continuously increasing the prices of petrol, diesel, LPG and CNG. The Left parties decided to conduct a protest campaign against price rise