Left parties seek rollback of fuel prices, announce 15-day protest
The Hindu
The prices of petroleum products had gone up by 21 times since the results of the recent Assembly elections were announced on May 2.
The Left parties have announced a 15-day protest from June 16 to 30, demanding a rollback of fuel price hike and controlling the prices of essential commodities. In a joint statement signed by general secretaries of the five Left parties — Sitaram Yechury of the CPI (M), D. Raja of the CPI, Debabrata Biswas of the All India Forward Bloc, Manoj Bhattacharya of the Revolutionary Socialist Party and Dipankar Bhattacharya of the CPI (ML) — pointed out that the prices of petroleum products had gone up by 21 times since the results of the recent Assembly elections were announced on May 2. “This is leading to a cascading inflationary spiral with the Wholesale Price Index (WPI) rising to a 11-year high. The prices of food articles have risen by nearly 5% in April. Primary commodities saw a rise of 10.16% and manufactured products have risen by 9.01%. By the time these commodities reach the retail markets, the consumers are charged much more,” the parties said.More Related News