CPI(M) sees red over steep hike in oil prices

The CPI(M) district committee has condemned the steep hike in petrol and diesel prices, at a time when the people were reeling under the impact of the pandemic, and sought immediate withdrawal of the hike.

In a statement here on Tuesday, party district secretary K. Lokanadham alleged that the Union government was financially crippling people, many of whom had lost their livelihood due to the COVID-19 crisis, by the steep hike in petrol and diesel prices. The price of oil has gone down in the international market and it was much lower in our neighbouring countries. The price of a litre of petrol was ₹63 in Sri Lanka, ₹67 in Nepal and ₹46 in Pakistan as against the price of ₹90 a litre in India, he said.

The tax on a litre of diesel, which was ₹9.48 a litre, when the BJP came to power in 2014, has now gone up to ₹32.98.

Similarly, the tax on diesel has increased from ₹3.56 to ₹31.81 a litre during the same time. During the pandemic, the price of petrol increased by ₹13 a litre and diesel by ₹16 a litre. This has led to a steep hike in the prices of essential commodities, he alleged.

He demanded withdrawal of the hike to provide relief to the public. He also sought that the State government should exert pressure on the Centre to reduce prices.

You have reached your limit for free articles this month.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.


A one-stop-shop for seeing the latest updates, and managing your preferences.


We brief you on the latest and most important developments, three times a day.

Support Quality Journalism.

*Our Digital Subscription plans do not currently include the e-paper, crossword and print.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.