CPI(M) attacks UPA over price rise
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CPI(M) attacks UPA over price rise

Last Updated: Thursday, March 18, 2010, 15:14
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New Delhi: The CPI(M) Thursday attacked the government for "abdicating" its responsibility of providing succour to the people against rising prices, saying it had even given up the pretext of showing remorse towards "suffering India".

"Even the pretext of showing remorse at the unprecedented burdens being imposed on the vast majority of Indian people due to relentless rise in the prices ... has now been officially given up by the UPA-2 government," party's Politburo member Sitaram Yechury said.

In this context, he quoted Finance Minister Pranab Mukherjee as saying in Lok Sabha that "I will not be surprised if it (inflation) reaches double digits in March itself".

In an editorial in the party organ 'People's Democracy', the CPI(M) leader said, "By pleading helplessness, the government is not just abdicating its responsibility of providing some relief to the people.

"Worse, it is blatantly declaring that in order to provide further gains and super profits to its social base of the ruling classes, the 'aam aadmi' has to suffer by bearing the burden for providing such gains to the rich. Therefore, for the shining India to shine brighter, suffering India will have to endure greater suffering."

He said Mukherjee then "went on to justify that India has lived with higher rates of inflation in the past and, therefore, this is no big deal" and added that the President, in her address to Parliament, "had said that price rise was only "inevitable".

Yechury referred to several suggestions made by the Left parties like universalising PDS, banning futures trading in essential items, releasing excess foodgrains lying in government godowns and withdrawing fuel and fertiliser price hike to bring down prices and accused the government of "refusing to undertake any of these measures".

Instead, he said the government was "brazenly justifying" the hike in fuel and fertiliser prices and "unambiguously signalling that the vast majority of the Indian people will have to shoulder the burden of pampering the rich so that UPA 2 could politically consolidate itself".

He said the latest budget "shamelessly" transfers huge amount of resources to the rich in terms of direct tax concessions and various other concessions for corporates and high end income tax payers, while the common man has been burdened by an increase in indirect taxes.

"Combined with the hike in the prices of fuel and fertilisers the misery of the vast majority of our people has only been compounded further," Yechury said.

He said as a result of budgetary proposals, the wholesale price index had touched a 16-month high of 9.89 per cent in February, "primarily driven by the hike in the fuel prices and is bound to accelerate when the realisations of the increase in excise duties will come in March".

Calling for "powerful militant" nationwide protests, he said the mass protest rally led by the Left parties on March 12 would have to be followed by 'Jail Bharo' agitation in every district of the country on April 12.

PTI

First Published: Thursday, March 18, 2010, 15:14

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