‘Diesel deregulation will lead to price rise’

Tarigami demands increase on LPG cap to 12


Jammu, Jan 18: Expressing serious reservations over the central government decision to allow oil marketing companies to hike diesel rates, CPI (M) State Secretary Muhammad Yousf Tarigami has said the move will have a cascading effect on the overall market prices.
In a statement issued here today, Tarigami while criticizing the decision termed it anti-people which needs to be condemned by one and all.
“The deregulation of diesel at this stage would have disastrous effect on the common people already reeling under the burden of price rise,” he remarked.
He said the latest government decision will lead to continuous increase in the prices of diesel just as it happened with the prices of petrol after deregulation. “The price rise after deregulation of diesel will is bound to make a terrible impact on transport and thus it will lead to further inflation,” he added.
On raising the cap on LPG cylinders from six to nine, the CPI (M) leader said that the decision offers a little relief to the people and as far as the states like Jammu and Kashmir are concerned, the union government must reconsider its decision talking in view the climatic and geographical conditions people are living in.
In Jammu and Kashmir, Tarigami said the LPG is not only meant for cooking but a source of heat, light and the survival. “In absence of any other alternative fuel, LPG is the most essential commodity needed by every household in the state. And during chilly winters in Kashmir the LPG becomes the most sought after commodity for every household. The union government must reconsider its decision and raise the cap on subsidy to 12 per year,” Tarigami demanded.

Lastupdate on : Fri, 18 Jan 2013 21:30:00 Makkah time
Lastupdate on : Fri, 18 Jan 2013 18:30:00 GMT
Lastupdate on : Sat, 19 Jan 2013 00:00:00 IST

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