CITU condemns the highest ever increase in prices of Diesel

The Secretariat of Centre of Indian Trade Unions (CITU) has issued the following statement to the media:

Centre of Indian Trade Unions (CITU) strongly condemns the highest ever increase in prices of Diesel and also putting a cap with the most insufficient quantity of only Six subsidized Cylinders of cooking gas for a family in a year. This means people will have to purchase the remaining requirement at exorbitant price from the open market. Now the same Government is giving subsidy in the name of bailing out the capitalist class and heavily burdening the working class by withdrawing subsidy on such item of most essential mass domestic necessity. 

This hike in price of Diesel will have serious cascading impact on prices of every commodity and will result in increase in the economic burdens on the masses in the country. In a situation of unprecedented back-breaking level of continuing rise in prices of all commodities including food items, this hike in prices of Diesel and LPG cylinders shall act as fuel in burning fire and will further increase the sufferings on the people at unbearable level. 

The reasons attributed to the increase are a fraud on the people of the country. All the oil companies, both public and private, have reported huge incremental profits. The claims of losses and so called huge ‘under-recoveries’ and resultant financial crisis are based on imaginary false calculations which have been totally exposed by CITU with facts and figures in the past.
CITU calls upon all the trade unions and workers to unitedly protest against this flagrant class offensive of the government and conduct mass agitation demanding withdrawal of the price increase of Diesel and removal of the imposition of the limit on subsidised cooking gas cylinders.