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Aug 3, 2010

Opposition Parties in Parliament Opposing UPA's price rise

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The price rise or rise in the prices of petroleum products, particularly kerosene and LPG by the UPA government is burden on common men. The Opposition parties in Parliament have been opposing the price rise, and its a big issue. The rise in price would directly have impact on the house hold budget of people. People need to pay more the essential goods and services.

The Hindu points out "Leader of Opposition Sushma Swaraj said the hike in prices of petroleum products, particularly kerosene and LPG, had immensely burdened the people who were already reeling under the spiralling costs of foodgrains and other essentials".

The RBI has been taking action to tame the inflation, but its the poor people those don't want to know the liquidity, deficit or the surplus or economics jargon, they need price down and want to maintain their families, with the income they have. In short run the income can't be increased or one can't get multiple options for income. It will be big relief to poor people if the government takes some action towards price hike issue.

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