Opposition fires at govt for petro-diesel price hike

"We demand rollback of this massive increase at a time when the common man is already reeling under unprecedented inflation."

May 01, 2015 08:54 pm | Updated 08:54 pm IST - New Delhi

The opposition on Friday protested the late Thursday-night decision to increase the prices of petrol and diesel; calling it arbitrary and yet another manifestation of the Modi Government’s disconnect with the people and their problems.

Reacting to the decision of public sector oil marketing companies to hike the retail selling price of petrol and diesel by Rs. 3.96 a litre and Rs. 2.37 respectively, Congress media in-charge Randeep Surjewala said, “This is another anti-people step reflecting a disconnect with people-oriented governance.”

The Government, he added, was profiteering at the cost of the gullible farmer and common man instead of adjusting excise and customs duty revenue which is leading to an accrual of additional Rs. 90,000 crore.

“We demand rollback of this massive increase at a time when the common man is already reeling under unprecedented inflation.”

Condemning the “massive hike”, the Polit Bureau of the Communist Party of India (Marxist) noted that this would “lead to the cascading of the inflationary spiral imposing unprecedented burdens on the working people once again in a big way”. The CPI (M) also urged people to protest against this latest imposition of burden on their livelihood.

The CPI national secretary D. Raja accused the Government of asking the oil marketing companies to hike diesel and petrol prices “arbitrarily”; adding that the Government was completely oblivious to the problems of the common man.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.