One Paisa cut in petrol prices shameful : Lok Gathbandhan Party

Urban Mirror Correspondent

New Delhi, May 31: The Lok Gathbandhan Party (LGP) said today after massive hike in petrol prices recently, now one paisa reduction is shameful for the NDA government. The LGP said the NDA government, unconcerned with the problems of the poor people, has taken them for granted causing widespread resentment in the country. The party said one Paisa cut also indicated high level of insensitivity of the NDA government.

The spokesman of the party said on Thursday while the petroleum prices have touched all-time high in May, the government has so far not taken any correctives measures to provide solace to the people. The spokesman said recently oil price in international market have gone down by $5 dollar per barrel but it has not translated into cut in prices in domestic market and the oil companies said that they were adjusting losses suffered Karnataka election when for 19 days there was no daily hike in the prices. The spokesman said the NDA government reluctance to reduce hefty excise duty on petroleum products indicated that it is dilly dallying on the issue and passing the buck on state governments.  

The spokesman the NDA government instead of taking steps internally to check the prices, has simply blamed the external oil market forces for the crisis. Pointing out that middle class is worst affected, the spokesman asked the government to lower the excise duty on these products and also the state governments should follow it by cutting VAT and other levies.

The spokesman said ever since the rates were thrown open to international market, the crisis has worsened with the NDA government least bothered about the plight of the common man. The spokesman said by effectively controlling massive seepage in taxes, including excise duties on other products and rampant corruption, the relief could be provided to the people on this front. The spokesman however said the NDA government utterly lacked honesty, transparency and good governance to improve the situation. The spokesman said with same international fluctuations in oil market other countries have successfully maintained lower prices of the product. The LGP said India unfortunately is on top of the slab just because of mismanagement and lack of sensitivity towards the problems of common man.

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