gÉÉŌ A.]ÉŌ. xÉÉxÉÉ

03.08.2010
On the one hand, the rising price and speculation in commodities market are
feeding each other thus making life of the common people miserable and on the
other it is ensuring huge profit for big corporate traders. I charge that this
Government is facilitating this process by refusing to universalize public
distribution system and by increasing the price of food grains for APL category.
Recently the Centre for Monitoring of Indian Economy (CMIE) has
conducted a study which stated that the gross profit earned by private corporate
entities was 44 per cent of the total wage bill of those companies in 2001. In 2008,
their gross profit had risen to 176 of their total wage bill. That is the situation
today.
By increasing the prices of petrol, diesel, kerosene, LPG, by not taking any
steps to control and curb the prices of essential commodities, economic
authoritarianism is being imposed. The people of our country defeated political
authoritarianism in 1977; and the people of this country will defeat this economic
authoritarianism of this Government.
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