India in turbulent price regime: BJP
The BJP on Sunday alleged that while the rest of the world is witnessing stable prices, with food prices going down in most parts, India is experiencing a “turbulent price regime” because of UPA lacking a cohesive policy on the issue.
The party described price rise as “failure of the economist Prime Minister” and hike in food and petrol prices as a “Congress conspiracy” against the common man. The party demanded a rollback of hike in petrol price.
BJP national spokesperson Prakash Javadekar said the double dose of price hike in one month is “totally unjustified” and is nothing but “loot” of the common man by the government. Attacking the government, he said that when people were reeling under general price hike of 10 per cent in WPI, the government should have taken remedial measures, but, instead it hiked petrol prices twice.
“In the name of de-control, it is actually the cartel of oil companies which is raising the prices under government protection,” Mr Javadekar alleged.
He said the government was in a state of “policy paralysis” and “lack of political will and vision.”
“The BJP demands a revoke on the petrol price hike. We want government to come out with a special action plan to tackle both these issues,” the BJP leader said.
Charging the government with “indulging in profit-making”, he said the tax earned from revenue from oil companies is nearly `1,76,000 crores which is the same as the 2G spectrum allocation scam amount. It makes profits but still burdens people”.
“The worst is the insensitivity displayed by the UPA ministers. They have shown audacity to offer any reason under the sun for the price rise but their own policy failure,” Mr Javadekar said.
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