When the Central Government announced that it proposes to withdraw the subsidy cover over the petroleum products in a gradual manner, the heartbeats of common people have raced up towards north. The reason? Any increase in the prices of petroleum products will cascade the prices of essential commodities and thereby result in high prices.
Recently, the Government has increased the petroleum prices and proposes to increase them further. The lives of the common people who are very much dependant on the movement of goods can’t take any more burden on their shoulders especially with the prices of essential commodities like vegetables and other edible items already proving to be out of reach.
Already the middle-class, which is the most affected class, has narrowed down its savings budgets and is struggling to make their ends meet. If the proposed withdrawal of subsidy on LPG and petrol is taken away, the lives would be disrupted to abnormal extents and the result would be chaotic situation in the economic scene of the country.
Let’s hope the sane mind of our Prime Minister, who is an eminent economist too, works in favour of the middle class and do away the proposals which always appease the corporate world.