‘Left to move adjournment motion on price rise’
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Last Updated: Sunday, November 20, 2011, 17:59
New Delhi: The CPI on Sunday said the Left will move an adjournment motion in the Winter Session of Parliament on the price rise issue as it accused the UPA government of not being able to control double-digit inflation and demanded deregulation of fuel prices.

After the two-day National Executive meet, CPI General Secretary A B Bardhan also warned that the party would launch nationwide protests if a "strong Lokpal" bill is not passed in the Winter Session beginning Tuesday, but ruled out joining Anna Hazare's movement.

"There is a move to bring an adjournment motion in Parliament on price rise issue. The Left itself will bring the motion. There is no relief to common man and no steps from the government despite Parliament passing an unanimous resolution earlier," he told a press conference here.

He accused the government of doing nothing to bring down the double-digit inflation, saying the economic situation in the country was "very serious" despite "comfortable statements" made by Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee on various issues.

"The situation is really serious. The recession is catching up with us. The manufacturing sector has shown a growth rate of just one per cent. Perhaps this is the lowest in few decades. Gone are the days when our finance minister talked about 8.5 per cent and 9 per cent growth, now the utmost they expect is 7 per cent," he said.

Opposing the frequent hike in prices of petrol, Bardhan demanded that the government reverse deregulation and decontrol of fuel prices in the interests of common people.

On the recent decrease in fuel hike, he said that was an indication that the prices can be increased anytime in future citing prices of crude oil in the international market.


First Published: Sunday, November 20, 2011, 17:59

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