People's Democracy
(Weekly Organ of the Communist Party of India (Marxist)
No. 47
November 20, 2011
|
Vol. XXXV
No. 47 November 20, 2011 |
Reverse
Petro Prices Deregulation
The
Polit Bureau of the Communist Party of
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.
Since July 2011,
the price of petrol has gone up by five rupees, so it is still
three rupees
higher than it was mid-year. Since the deregulated regime was
imposed in June
last year, the prices of petrol have gone up several times.
Unless
the government reverses its anti-people measure of
deregulation of prices of
petrol, made even more necessary because of the volatility of
the international
market, there can be no relief from the cascading impact of
rising prices of
petroleum products. Instead of taking such a step, the prime
minister is on
record with the threat of extension of deregulation to the
prices of other
petroleum products such as diesel and cooking gas.
The
CPI(M) demands reversal of deregulation.
