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| Price rise in petroleum, essential commodities creates havoc for common people: Tarigami | | | Early Times Report
Srinagar, Feb 27: Alleging that price rise in petroleum and essential commodities created havoc for common people, senior Communist Party of India (M) Mohammad Yousuf Tarigami on Saturday said struggle must be intensified to defend livelihoods of the people and their basic rights.
The relentless increase in the prices of petrol, diesel, cooking gas and other essential commodities has created havoc for a common people who were already burdened by the Covid-19 pandemic woes of joblessness and loss of incomes, Mr Tarigami said in a statement this afternoon.
He said to add with this the steep hike of 19 per cent in passenger fare have a cascading effect on the people already over-burdened by sky-high price rise. These anti-people decisions of the government are bound to further hit the common man already reeling under price rise and inflation.
Tarigami said the lower and middle income groups are the worst hit by the steep price rises and have pushed them to the brink. They are faced with the dual burden of depressed wages and rising unemployment on the one hand and price rise of food items and other essential commodities on the other. The upward spiral in petrol, diesel and LPG prices are affecting all sections of the people. Amongst the worst affected are those who have lost jobs and livelihoods; small businesses, shopkeepers and vendors depending on transportation of goods have seen their costs rising; farmers are being made to pay more for diesel for their tractors and pumps; transportation costs are rising for those depending on daily wages in the unorganised sector; there is a dampening effect on the efforts of the small and micro enterprises to survive the recession; and middle-class budgets are feeling the strain of increased costs for private and public transportation and LPG cylinders, he said.
The lockdown and the pandemic have exacerbated and deepened the inequalities of income and wealth in our society. In such a situation, the government should have increased taxes on the super-rich, imposed a wealth tax and asked the corporates who have made huge profits in this period to pay up more. Instead, by such iniquitous taxation on petrol and diesel, the centre is looting the meagre resources of the people. |
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