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03.08.2010<br />

have taken.<br />

They talk of the “aam adami” and follow polices for the “Khas aadmi”.<br />

The Government is giving false arguments to justifying the measures they<br />

The prices of petrol and diesel were increased by Rs.3/- per liter only three<br />

months ago at the time of the Union Budget which opposed tooth and nail by the<br />

Left and some other parties.<br />

International oil prices have not risen substantially in this period.<br />

Neither is the Government prepared to rationalise the taxation structure on<br />

petroleum products which is adding to a price of petrol and diesel in a large<br />

measure.<br />

It is myth there such a step is being taken to protect the public sector<br />

companies from under-recoveries.<br />

The so-called under-recoveries are entirely based on notional prices<br />

calculated without any reference to the actual cost of production.<br />

In fact, the de-regulation is only to help private companies who withdrew<br />

from the market because of the Government price control. Now they will be free<br />

to enter the market to make profits.<br />

By de-regulating petrol prices, the Government has opened the way for<br />

continuous increase in the prices of petrol. By increasing the price of diesel and<br />

kerosene oil, the farmers and the poorer sections are going to be badly hit.<br />

The LPG increase will further burden the middle class.<br />

I, therefore, strongly demand to roll back the increased prices of petrol,<br />

diesel, LPG and kerosene oil.<br />

Further, I like to mention here that the House is seized already with rising<br />

prices of essential commodities and miserable failure of the Government to<br />

contain and control it. The wrong policies of the Government have led to relentless<br />

increase in the prices.<br />

I strongly demand the following steps should be taken to check the price-<br />

rise particularly foodstuff.<br />

159

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