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03.08.2010<br />

shell out Rs.32 for a kilogram of ‘Parmal’; price of tomoto is Rs.40 to Rs.60 per<br />

kg; edible oil is Rs.90 per litre. Every thing is out of reach of the ordinary people<br />

who are in a miserable condition.<br />

Over and above, the prices of petrol, diesel, kerosene have increased<br />

steeply. The Government has least control over the prices of crude oil now – they<br />

are actually regulated by the private, foreign companies. If this goes on, then the<br />

prices are never going to come down and common people will continue to suffer.<br />

Farmers will be worst hit.<br />

This Government is extending the logic that it has to pay huge subsidies but<br />

the truth is something else. Prices have not increased much in the international<br />

market. In the last 6 months only 70 paise was the increase per litre in world<br />

market whereas in India the rate has increased by Rs.4.50 or Rs.4.55 per litre. It is<br />

said that the nationalized oil companies are given huge subsidy but in reality, as<br />

Sushmaji mentioned, these companies are not incurring losses but are running on<br />

profits. What will happen if the crude market is deregulated? The Ambanis and<br />

other private companies will have a free hand.<br />

Therefore the justification of the Government is not right. From here the<br />

Government has raised Rs.1lakh 20 thousand crores out of which only 53<br />

thousand crores are used as subsidy which means that the remaining Rs.67<br />

thousand crores are being paid by the people of this country, not the Government.<br />

Then we have seen that last year from 3G spectrum allocation, the<br />

Government has earned more then one lakh crore rupees. If this huge amount of<br />

money is utilized for social sector welfare, if it is used to serve the society then<br />

there will be no need of hiking the petrol prices. If petroleum products remain<br />

cheaper, if their prices do not increase further then inflation will come down,<br />

prices of other commodities will be lower and purchasing capacity of the people<br />

will increase. They will be able to purchase the essential goods and services.<br />

215

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