[Marxistindia] Reduce Diesel Price

news from the cpi(m) marxistindia at cpim.org
Mon Oct 6 12:50:47 IST 2014


October 6, 2014

Press Statement

 

The Polit Bureau of the Communist Party of India (Marxist) has issued the
following statement:

 

Reduce Diesel Prices

 

The Polit Bureau of the CPI(M) registers its protest over the refusal of the
government and the Oil Marketing Companies (OMCs) to reduce the price of
diesel, despite the fall in crude oil prices in the international market.

 

Price of Brent crude, the global oil price benchmark has fallen below $92 a
barrel.  It is reported that the OMCs are earning Rs. 1.90 on every litre of
diesel as `over recovery'.

 

While the government had directed OMCs to increase 50 paise per litre every
month from January 2013, no reduction has been done in diesel price despite
the fall in crude oil prices.  Through this inaction, government is
burdening the people in general and especially the farmers, small scale
industries and the goods transport sector.

 

The CPI(M) demands that the price of diesel be immediately reduced
considering the big fall in crude oil prices.  

 

eom

 

Central Committee

Communist Party of India (Marxist)

A.K. Gopalan Bhawan

27-29, Bhai Vir Singh Marg, Gole Market

New Delhi 110 001

 

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