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Published On:26 June 2011
Posted by Indian Muslim Observer

SDPI terms fuel price hike as savage, urges UPA government to rollback

By Pervez Bari

Bhopal: The Social Democratic Party of India (SDPI) has demanded rollback of fuel prices hike with immediate effect to give relief to the common man who is already groaning under the soaring prices of essential commodities while the inflation has crossed 9 per cent.

SDPI national President E. Aboobacker in a Press statement while condemning the savage hike in the prices of petroleum products such as diesel, kerosene and domestic liquid petroleum gas (LPG) said the move has dealt a cruel blow to the common people. The additional burden on the household budgets of housewives with the increase in the price of kerosene by Rs. 2 per litre and LPG price hike of Rs. 50 per cylinder will be a difficult task for them to make both ends meet. The diesel price hike will raise the cost of transportation and adversely affect the farmers as well, he added.

Mr. Aboobacker accused the Union UPA Government of being totally apathetic to the woes of the poor man and indulging in price hike of fuel with impunity. It is barely a month back that petrol prices were increased by Rs. 5 and now another bombshell, he pointed out.

He urged the government to re-think the steep hike in fuel prices and roll it back at the earliest to give the poor masses the much needed relief from the all round soaring prices. He ridiculed the reported stand of the Union Petroleum Minister S. Jaipal Reddy that the price hike is “moderate and very minimal”.

It may be mentioned here that Jaipal Reddy on Friday announced that the price of diesel will be increased by Rs.3 per litre, kerosene by Rs.2 per litre and domestic liquid petroleum gas (LPG) by Rs.50 per cylinder, excluding state levies such as VAT. The hike came a day after the government announced that food inflation had soared to nearly a 10-week high of 9.13 per cent for the week ended June 11.

[Pervez Bari is a Journalist based at Bhopal, Madhya Pradesh. He can be contacted at pervezbari@eth.net]

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Posted by Indian Muslim Observer on June 26, 2011. Filed under , . You can follow any responses to this entry through the RSS 2.0. Feel free to leave a response

By Indian Muslim Observer on June 26, 2011. Filed under , . Follow any responses to the RSS 2.0. Leave a response

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