CPI (M) State Secretary and MLA Mohammad Yousuf Tarigami Saturday flayed central government for hiking petrol by Rs 75 paise and diesel by Rs 50 paise per litre, saying the step up in the fuel prices entails cascading effect on all commodities that hits the interests of the poor and lower middle class.
“The price hike shows that the central govt is no more concerned about the common man,” the Marxist leader said in a press statement issued today.
The deregulation of diesel prices, Tarigami said, will continue price hike phenomenon, which he said has been hitting common man, who is already reeling under high inflation rate.
“The food inflation and depreciation of rupee have already worsened the economic condition of the people and the hike in petrol and diesel prices will add to it,” Tarigami said.
“Justifications by the government that depreciation of rupee, losses to oil companies and to rein in its fiscal deficit has necessitated the price hike are unreasonable and unrealistic.”
CPI (M) leader said that along-with other left and democratic parties will continue resistance against such anti-people measures and will not allow the people’s voice going unheard.