CPI(M) slams govt over fuel price hike

CPI(M) today slammed the government over fuel price hike, saying unable to check the falling value of rupee, it was taking decisions which would further burden the common man.
The Polit Bureau of the party said the sixth increase in the price of petrol in the last three months would hurt the common man.
"The price of diesel has been increased on the monthly basis of 50 paise per litre and a steeper increase is expected after the Parliament session. Unable to check the falling value of the rupee, the UPA government is resorting to successive increases in the fuel prices," it said in a statement.

It demanded that the government should stop the "ruinous policy" of continuous hike in prices of petroleum products.
Following the fresh hike, petrol price in Delhi has gone up by Rs 2.83 to Rs 74.10 per litre while it will cost Rs 81.57 per litre in Mumbai.