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Price rise: BJP seeks UPA's resignation

The main opposition party lashes out at the Govt for its incompetency, saying it has failed to protect the interests of aam admi.
PTI | By HT Correspondent, New Delhi
UPDATED ON JUN 02, 2008 10:02 PM IST

Blaming the UPA government for high inflation, the main opposition party Bharatiya Janata Party on Tuesday sought the resignation of the UPA government, saying it had failed to protect the interests of aam admi.

"While the Prime Minister has its foot on the accelerator, the Left parties have their foot on the brakes while the steering is in the hands of the super PM," BJP said in an economic resolution passed in New Delhi at the meeting of its National Executive Council.

The government is suffering from a paralysis caused by internal contradictions and its incompetence to deal with the serious problems like rising prices, it said.

Referring to possible hike in oil prices, it said government had rather benefitted from the rise in international crude oil prices through more tax collections.

"The UPA government is making the burden of the common man unbearable. In 2004 the revenue earnings from petroleum products was Rs 70,000 crore. In 2007-08 it has jumped to Rs 1,70,000 crore," said the resolution.

It said during the UPA government the prices of petrol, diesel have been increased eight times with the result that petrol prices have gone up to Rs 47 a litre from Rs 30.25 a litre in 2004 during NDA regime.

Attacking the government for its failure to contain rising prices, the economic resolution said government could not pass on the buck to rise in international prices.

"There cannot be parity between the low wages and earnings of the majority of the people in India and the prices world over."

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