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Updated: June 12, 2012 15:33 IST

Mamata to lead rally today against petrol price hike

Staff Reporter
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West Bengal Chief Minister Mamata Banerjee shows market data during the press conference regarding the price hike of petrol, in Kolkata on Wednesday. State Finance Minister Amit Mitra, is also seen in the picture.
PTI West Bengal Chief Minister Mamata Banerjee shows market data during the press conference regarding the price hike of petrol, in Kolkata on Wednesday. State Finance Minister Amit Mitra, is also seen in the picture.

West Bengal Chief Minister Mamata Banerjee will lead a rally in Kolkata on Saturday to protest against the steep hike in petrol price.

This will be the first time Ms. Banerjee, chairperson of the Trinamool Congress, the second largest constituent of the alliance, will be leading a procession against the Centre since the UPA -II government came to power in 2009.

Annoyed over the hike, Ms. Banerjee on Wednesday described it as ‘unilateral and unjust' and charged the Centre with economic mismanagement. A day later, she said her party's protests over the issue would continue.

“The rally organised by the party is significant because it will be the first time our party chairperson will be leading a rally against the UPA government since it came to power at Centre in 2009. The last time the petrol price was hiked she had expressed her displeasure over the decision after which the Centre was forced to roll back the price hike under pressure from the party,” said a senior Trinamool leader.

While not threatening to pull out of the UPA government, the Trinamool is keen on projecting itself as a party that does not want to associate itself with the petrol price hike.

Instead of opposing every move of the UPA from within the government, Ms. Banerjee must walk out of the alliance not necessarily in protest of the petrol price hike, I don't it's that bad, but in protest of corruption that has engulfed this regime. I have not heard of anything corrupt against TMC MPs or its chief, therefore if they leave they will set a good precedent. Unless corruption figures prominently in the TMC's anti-Congress agenda they will only be seen as insincere, noisy trouble makers, protesting just for the sake of it and fighting for vote by raking up populist issues like petrol price hike, without any interest in bringing about large scale reform and curbing corruption, the most evil plaguing the nation.

from:  Mukul Kanti Dutta
Posted on: May 26, 2012 at 11:12 IST

There is lots of funfare by all political parties except congress against price rise. It is great concern for all, but they should be more pragmatic in solving petrol price issue in long run. Forcibly keeping petrol price low without any reform in taxes is not sustainable. As crude is mostly imported, petroleum products are subjected to both customs duty and excise duty unlike other items which are mined in India. Sells Tax imposed by states further increases the product price. Oil sector contribution to central & state exchequer was Rs 88,997 crore in 2010-11.Apart from that, there has been instances of imposing additional State Entry Tax by states to oil refiners, as done by Mayabati Govt for Mathura Refinery. Around 45% of petrol price is tax component. Govt all the time are interested in taxing more and more to petroleum sector. The same political parties are opposing price rise at every oppertunities. Mamata Banarjee should lead in reducing tax rather tan leading strike.

from:  Smt. Hemalata Jena
Posted on: May 26, 2012 at 09:55 IST
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