Monday, February 17, 2020

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Manipur Congress fires salvos against BJP on price rise
IFP Bureau | First Published: February 13, 2020 23:31:24 pm
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Manipur Pradesh Congress Committee (MPCC) on Thursday charged that the BJP government has failed to check rising inflation rate and to regulate price hike of various essential commodities.

Speaking to the media at Congress Bhawan, MPCC spokesperson, O Nabakishore said the oil marketing companies of India on Wednesday revised the price of non-subsidised LPG, thereby hiking the price of the non-subsidised domestic LPG by as much as Rs 144.50 to Rs 148.

“The hike in price of LPG is very stiff and is the highest in the last six years. Following the price rise, LPG of 14.2 kg cylinder is being sold around Rs 858 per cylinder in Delhi and Rs 829 in Mumbai,” he stated.

He continued that the adverse effects will be faced by the commoners. “The impact is so harsh that many people will not be able to use LPG as a cooking fuel. Besides, there is also the problem of many Ujjwala beneficiaries having to pay as many as Rs 850 for refill of the cylinders even though they may or may not get the subsidy later on, as the subsidy is transferred through bank account,” said Nabakishore.

He said the people will face difficulties in paying the huge amount on one go as the consumer has to pay the full amount upfront. “As such, the stiff rise in the LPG price is an anti-people move of the government. The Congress party strongly opposes the move,” the MPCC spokesperson asserted.

Nabakishore went on to say that the price of all essential commodities including food items is skyrocketing under the BJP government. Referring to the report of National Statistical Data, government of India released Wednesday, he said that the inflation rate is highest in January 2020, i.e., 7.59 percent while in December, it was 7.35 percent.

While the target of inflation set by RBI is only 4 percent, inflation rate rising to as much as 7.59 percent shows the failure of the government to sustain the economy of the country, he said.

The MPCC spokesperson went on to urge the government to take appropriate steps to check the price rise and investigate whether the cause is deficit in supply or hoarding of products or black marketing.

He also appealed to the government to launch activities and action to check the rising inflation rate in the interest of the people.

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