CPI (M) demands immediate rollback

J&K State Committee of the CPI (M) has termed the hike in petroleum prices as ‘arbitrary’ and demanded immediate roll back of the government’s decision to levy additional taxes on petrol and diesel.
CPI (M) demands immediate rollback
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J&K State Committee of the CPI (M) has termed the hike in petroleum prices as 'arbitrary' and demanded immediate roll back of the government's decision to levy additional taxes on petrol and diesel.

"These arbitrary and irrational hikes on petroleum products are completely unacceptable and it is vehemently demanded that the state government should immediately rollback its decision", the party said in a statement today.

"The State committee opines that the latest hike in prices of diesel and petrol would fuel price rise of essential commodities, which would burden the people of the state further.

The increase in petrol and diesel prices will affect transportation costs and will surely have a cascading affect on inflation", the statement said.

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