Date:07/12/2008 URL: http://www.thehindu.com/2008/12/07/stories/2008120759860800.htm

National

Fuel price cut inadequate, says CPI(M)

Special Correspondent

NEW DELHI: Describing the cut in petrol and diesel prices as “highly inadequate,” the Communist Party of India (Marxist) on Saturday demanded that the United Progressive Alliance government announce a further reduction.

In a statement, party Polit Bureau said the cut was belated and was not adequate considering that the international price of crude oil had come down to almost $40 a barrel.

It said the petrol price should have been brought down by at least Rs. 10 per litre and diesel by Rs. 5 per litre, which could have given some urgent relief to the people.

The party also demanded a reduction in the price of cooking gas.