STOCK MARKET BSE NSE

CPM Demands Immediate Slash in Petrol Prices

Petrol price was cut by Re 1 a litre, but the first reduction in diesel rates in over five years will have to wait till completion of assembly polls.

Published: 15th October 2014 06:00 AM  |   Last Updated: 15th October 2014 10:35 AM   |  A+A-

PetrolHike_PTI

NEW DELHI: The CPM on Tuesday demanded an immediate cut in the petroleum prices.The PolitBuro of the CPM, which met here for the last two days, also finalised the draft. Review Report on the party’s political-tactical line. This will be placed for discussion in the next meeting of the CPM Central Committee (CC) to be held from October 26-29.

“There has been a sharp fall in the international prices of oil. At present, crude oil prices have dipped below $90 per barrel. Despite this, Modi Govt has not reduced the prices of diesel at any stage. The retail price of petrol also needs to be reduced further,” the PB said.

On the devastation caused by cyclone Hudhud, the CPM said the Centre must assist the affected-states in every possible way to see to it that their communication systems and infrastructure are restored at the earliest. “It is essential that the J&K floods be declared a national calamity and the relief and rehabilitation package be decided accordingly,” the party said. The PB also took serious note of the fact that the US has sought to pressure India on the Indian Patent Law and IPR policy.

Washington had  also sought the dilution of the civil Nuclear Liability Lawof the country. Both these are reflected in the joint statement issued by Modi and Obama, the CPM said.

Criticising the NDA Govt for curtailing and restricting the provisions of the Mahatma Gandhi National Rural Employment Guarantee Act, the CPM said such a move would limit the scheme to selected districts and blocks and thus violate the Act itself, which provides for universal coverage in the rural areas.

“The Centre’s move to change the ratio between material and wages under MGNREGA will bring down the wage component and reduce the availability of the scheme and open the way for contractors,” the PB said.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp