NEW DELHI: Rising costs of petroleum products is having a crippling effect at the livelihood of crores of Indians, the Left events stated on Thursday, whilst calling an all-India protest on Monday.
In a joint remark, the Communist Party of India (Marxist), Communist Party of India (Marxist-Leninist) Liberation, Socialist Unity Centre of India (Communist) and Revolutionary Socialist Party alleged that the Modi government was levying unheard of financial burdens at the other people.
"The farmers, already groaning under mounting agrarian distress, see their production costs further escalated. This price rise has a cascading all-round inflationary impact. This is contributing to a further economic slowdown, reducing existing employment, leave alone creating any new opportunities," the remark stated.
They alleged that the unheard of fall within the value of rupee reflected the deep financial crisis created through the government. Such financial assaults at the other people come on top of the "vicious communal-authoritarian onslaughts" fixed through this Modi government, it stated.
"Humongous amounts of loans taken from our banks by the corporates and the consequent NPAs has bled our banking system. Such crony capitalism is also evident in the various deals, like the Rafael fighter aircraft purchase scam, that is fast unfolding," the remark stated, adding that the government's efforts to sway other people's consideration clear of those "monumental" failures would now not be successful.
In protest against this situation, the Left events have determined to name for a nationwide hartal on September 10, it added. "Left parties call upon the people to join this protest in a big way to demonstrate people's rejection of the Modi government and its policies."
The Congress, too, stated on Thursday that they would organise a nationwide shutdown on Monday over the emerging fuel costs and asked different Opposition events and civil society teams to join their protest against the government.
In a joint remark, the Communist Party of India (Marxist), Communist Party of India (Marxist-Leninist) Liberation, Socialist Unity Centre of India (Communist) and Revolutionary Socialist Party alleged that the Modi government was levying unheard of financial burdens at the other people.
"The farmers, already groaning under mounting agrarian distress, see their production costs further escalated. This price rise has a cascading all-round inflationary impact. This is contributing to a further economic slowdown, reducing existing employment, leave alone creating any new opportunities," the remark stated.
They alleged that the unheard of fall within the value of rupee reflected the deep financial crisis created through the government. Such financial assaults at the other people come on top of the "vicious communal-authoritarian onslaughts" fixed through this Modi government, it stated.
"Humongous amounts of loans taken from our banks by the corporates and the consequent NPAs has bled our banking system. Such crony capitalism is also evident in the various deals, like the Rafael fighter aircraft purchase scam, that is fast unfolding," the remark stated, adding that the government's efforts to sway other people's consideration clear of those "monumental" failures would now not be successful.
In protest against this situation, the Left events have determined to name for a nationwide hartal on September 10, it added. "Left parties call upon the people to join this protest in a big way to demonstrate people's rejection of the Modi government and its policies."
The Congress, too, stated on Thursday that they would organise a nationwide shutdown on Monday over the emerging fuel costs and asked different Opposition events and civil society teams to join their protest against the government.
Left parties to protest against rising fuel prices on Monday
![Left parties to protest against rising fuel prices on Monday]()
Reviewed by Kailash
on
September 06, 2018
Rating:
