(CLICK ON CAPTION/LINK/POSTING BELOW TO ENLARGE & READ)

Wednesday, June 16, 2010

CITU ON DOUBLE DIGIT INFLATION

Press Release
15-06-2010
STOP GIVING EMPTY ASSURANCES

CITU ask Government to desist from giving empty assurances time and again that inflation will come down when the same has reached the highest during last 19 months. The prices of essential items like pulses, vegetables, sugar have become unbearable and the Government’s only visible action is limited to such assurances without any relief to the common man reeling under the impact of rising prices.
CITU demand immediate action by the Government to revitalize the Public Distribution System, to immediately reduce taxes on crude oil and petroleum products and to withdraw the hike in prices of gas to curb fuel price inflation which has cascading impact on inflation. CITU also demand imposition of a complete ban on futures trade on all essential commodities.

CITU urges that in view of high inflation the Government should increase the statutory minimum wages, increase the rate of interest on provident fund and increase Government’s contribution to Employees Pension Scheme.

CITU calls upon the working class to prepare for countrywide united struggle including massive all India Strike so that the present Government is forced to give priority to inflation and price control instead of its present focus on the so called GDP growth and disinvestment of public assets.

No comments: