04 Friday Jul 2014
It is reported that the Government is proposing to increase Rs. 50 for the Cooking Gas Cylinder. The cost of kerosene oil will also be increased.
The Modi Government which assured containing the prices is continuously increasing the prices putting misery on the people.
08 Wednesday Jan 2014
Posted in Uncategorized
Communist Party of India (Marxist)
Communist Party of India
All India Forward Bloc
Revolutionary Socialist Party
January 7, 2014. Leaders of the Left parties, the CPI(M), CPI, AIFB & RSP met in New Delhi today and issued the following statement:
Agitation Against Price Rise
The Left parties express serious concern at the crushing burden of price rise which is affecting all sections of the people. There is no respite in the upwards spiral of prices of food items and essential commodities with food inflation reaching a record high of 20 per cent.
The UPA government is adding fuel to the fire by continuously increasing the prices of petrol, diesel, LPG and CNG.
The Left parties decided to conduct a protest campaign against price rise with the following demands:
1. Stop increase in the prices of petroleum products. Restore administrative price mechanism.
2. No to Aadhar linkage being made mandatory for delivery of services and subsidies to the people.
3. End hoarding and speculation of essential commodities and conduct de-hoarding campaign.
4. No privatization of basic services and conduct audit of those private companies utilizing public resources and delivering basic services.
5. Ensure universal public distribution system.
The Left parties call upon all its state units to conduct the anti-price rise agitation between January 15 and 31.
The meeting was attended by A.B. Bardhan, Prakash Karat, S Sudhakar Reddy, Debabrata Biswas, Sitaram Yechury and Abani Roy.
28 Friday Jun 2013
Posted in General
Tags
The Polit Bureau of the Communist Party of India (Marxist) has issued the following statement:
The Polit Bureau of the CPI(M) strongly opposes the Cabinet decision to double the price of natural gas, a major input for the production of fertilizers and power, from 4.2 dollars to 8 dollars per mmbtu. This will have a cascading impact increasing prices and burdening common people, while the main benefit will accrue to a single corporate house.
Reliance, which is virtually blackmailing the country by keeping production of natural gas in the Kg-D6 gas basin below the stated target till the price is increased, will be the main beneficiary. It is estimated that every dollar increase in gas price will increase Reliance’s profits by at least 74 million dollars.
The hike is irrational even in comparison to gas exporting countries where the price of domestic gas is much lower. For example, in Gulf countries, the price is only $ 1 per mmbtu, in Egypt $ 2.57, in Nigeria $ 0.11, in Australia $ 5 and in Indonesia around $ 1.
The additional subsidy the Government would have to bear at present prices of fertilizer and gas based power is estimated to be to the extent of 71,250 crore rupees for a five year period. This Government which claims it does not have the funds to ensure a universalized food security system, is prepared to subsidise the profits of a powerful corporate house.
The Government will pass on much of this burden to the common people. Farmers will have to pay more for fertilizers, the price of CNG gas used by public transport in many cities will also be hiked as will electricity tariffs.
Natural gas is a natural resource which belongs to the country. It cannot be arbitrarily handed over for super profits to corporates. The CPI(M) demands that the decision for the price increase should be kept in abeyance and fully discussed in Parliament.
VAN Namboodiri's Blog 