New Delhi, June 7 (IANS): Ahead of the empowered group of ministers' (eGOM) meeting today to consider pricing policy on petrol and diesel, the Bharatiya Janata Party (BJP) and the Communist Party of India-Marxist (CPI-M) opposed any move by the government to hike prices of petroleum products.
The BJP said any hike in prices of petrol and diesel will further increase prices of essential commodities.
The CPI-M politburo in a statement on Sunday described the likely hike in the petroleum products as "unwarranted". "It will have a direct impact on purchasing power of common citizens," BJP spokesman Tarun Vijay told IANS.
He said the exercise to consider hike in prices of petrol and diesel should be "deemed as a failure of the United Progressive Alliance government on economic front, ironically run by an economist Prime Minister".
Asked about the decisions taken for decontrol of diesel and petrol prices by the previous BJP-led National Democratic Alliance government, he said "those decisions were taken in different circumstances when prices were under control".
The eGOM, headed by Finance Minister Pranab Mukherjee, is scheduled to meet on today to discuss pricing policy of petrol and diesel, including pricing decontrol. Petroleum Minister Murli Deora met Prime Minister Manmohan Singh on Saturday to discuss fuel price issue and decontrol of petroleum products.
