CPI (M) condemns Centre for burdening common man with increasing global crude oil price
CPI (M) State secretary P. Shanmugam criticized the BJP-led central government for shifting the burden of rising crude oil prices onto common citizens. He alleged that while the government allowed corporate allies to profit from low international crude prices earlier, it is now passing on the increased costs to the public. The price of crude oil has risen from $70 to $126 due to the US-Israel war with Iran, according to Shanmugam.
- ▪CPI (M) accuses the BJP government of favoring corporate interests over common people.
- ▪Crude oil prices rose from $70 to $126 following the US-Israel war with Iran.
- ▪The government is accused of transferring the burden of higher oil prices to the common man.
Opening excerpt (first ~120 words) tap to expand
The BJP Government in the Centre which was favouring its corporate friends to make huge profit out of the low international price of crude oil, has now transferred the burden of higher crude oil price to the common man, complained CPI (M) State secretary, P. Shanmugam.Addressing the media here on Friday, Mr. Shanmugam said that the price of crude oil which was just 70 US dollars before February 28 has now gone up to 126 US dollars following the US-Israel war with Iran.
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.