Seemingly
the Central Ministry has fallen in the hands of oil barons to rob the country. The
wily reforms decision for a partial deregulation is
a pointer in this direction. Allowing a hike of 50 paise a litre per month for
retail customers the Government would worsen the life of poor people. The price
of essential commodities will escalate further and the beneficiary for this
ploy is oil barons and their political god fathers. The immediate surge in oil
stocks stresses that the future is for Reliance, Aban, Essar etc.
Certainly
the government has taken a wrong decision. The advisors to the ministry at the
Centre think that the people will not immediately protest against a small doze of
poison injection in the form of oil price hike. And that is why a recurring
hike of 50 paise per litre is proposed. It is better for Manmohan Inc to resign
and hand over power to some honest men who keep real concern about the poor.
K A Solaman
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