The Central Committee of the Communist Party of India (Marxist) met in New Delhi from November 19-21, 2010. It has issued the following statement:
The Central Committee noted that inflation remains at a high rate of 8.5 per cent and the prices of food items continue to rise. The deregulation of petrol prices has led to a creeping increase in the prices of petrol. From September, through successive hikes, the price has increased by Rs. 1.48 per litre adding to the inflationary pressure.
The Central Committee reiterated its demand that the deregulation of petrol prices be scrapped. It further demanded that the speculation in foodgrains and essential commodities in futures trading be prohibited.
Source: www.cpim.org
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