People's Democracy
(Weekly Organ of the Communist Party of India (Marxist)
No.
43
October 24, 2010
|
Vol. XXXIV
No.
43 October 24, 2010 |
On Petrol Price Hike
The Polit Bureau of the
Communist Party of
THE public
sector oil
companies have increased the price of petrol by 70 to 72 paise per
litre. This follows an increase in September of 27 paise per
litre. The
price of petrol has already been increased by Re 1 per litre in the
space of
three weeks.
The CPI(M)
strongly
opposes this recurrent increase in the prices of petrol. By
deregulating
the petrol pricing, the government has opened the way for successive
hikes in
petrol prices.
The rise in
petrol prices
will further fuel inflation. The people who are suffering from
continuous food
inflation will be more burdened. There is no transparency in the
pricing
decision making.
The Polit
Bureau calls
upon the government to scrap the deregulation in petrol pricing.
