Tripura demands roll back of oil price hike

May 24th, 2012 - 7:21 pm ICT by IANS  

Agartala, May 24 (IANS) The ruling Left Front in Tripura Thursday demanded immediate withdrawal of the hike in petrol prices and organised demonstrations across the north eastern state to press for a roll-back.

State-owned oil companies Wednesday announced a hefty hike of Rs.6.28 per litre, exclusive of taxes, in prices of petrol, effective from midnight.

“The fuel price hike would have a cascading affect on transportation, essential items, agricultural production and even developmental and administrative works,” Tripura’s Transport and Power Minister Manik Dey told reporters here Thursday.

Demanding immediate withdrawal of the petrol price hike, Dey, also a senior leader of the CPI-M, said: “With the increase in petrol prices, the cost of all essentials and other goods would automatically go up.”

The state committee of the ruling Communist Party of India-Marxist (CPI-M), the main party of the ruling Left Front, Thursday organised huge protests across the state.

Left Front spokesman Gautam Das said: “The protest demonstrations were held in more than 30 places, including all sub-divisional and block headquarters. Commoners spontaneously joined the protests.”

“The UPA (United Progressive Alliance) government can reduce customs and excise duty to balance the marginal price hike of petroleum products in the international market,” said a CPI-M statement.

It said that since decontrol of petrol prices in June last year, the price of petrol has been increased 11 times.

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