India's opposition parties launched a nationwide strike to protest fuel prices (Chart)
Bharatiya Janata Party, Communist Party of India (Marxist) and other opposition parties to launch 5-day national strike to protest against the ruling National Congress Party raise fuel prices. Government of India declared the strike is limited to the opposition-controlled areas, the Government will not stop the implementation of the decision of rising fuel prices. Media to "India paralysis" to describe the situation in the country by the impact.
strike range in recent years, the most
Reuters reported on the 5th day strike called in India a large range of the most recent years, almost all of the opposition-controlled areas the strike, while the ruling Congress Party region is basically not affected. The planned strike is the quintessence of the Hindu Bharatiya Janata Party and the faction of the Left parties jointly launched by the two political ideas odds, rarely 5, such as unity.
in India's financial hub Mumbai, despite the stock and bond market will remain open, but most businesses closed down; in the "Indian Silicon Valley" Bangalore, most software companies work stoppage. Transportation, greatly affected the eastern railway. As of the evening, a total of 174 trains were stopped opening half, finally reach the end only 12 classes, 5 classes forced the temporary transfer to another station. In addition, 59 cargo, 14 passenger trains were forced to cancel classes. As the visitors could not reach around the domestic airport, at least 86 flights flying to or from Mumbai, were canceled. Even the Congress Party controls the capital of New Delhi Metro has temporarily suspended operations.
Confederation of Indian Industry estimates that the strike to the Indian economy 30 billion rupees (639 million U.S. dollars) loss. "The most affected is the daily wage received by workers and small businesses who make a living." Associated Press and other media during the strike there were no major violent incidents, but the individual parts of protesters clashed with police. Main 席加德卡里 BJP, the former party chairman Singh, Rajya Sabha opposition leader, who attended the protest Gartree activities have been arrested by the court. Thousands of protesters nationwide total of detention by the police for the time being.
Finance Minister said that go up never lower and lower
Finance Minister Pranab Mukherjee said the day before, despite the opposition that a strike is scheduled on the 5th, but the Government does not will cancel the decision of fuel price increases.
Congress plans to 2010-2011 fiscal year budget deficit to GDP ratio fell to 5.5%. As a way to ease the financial constraints, the Congress Party government announced last month on the 25th, cut subsidies on oil products and to price increases of 3.5 rupees per liter of gasoline (7.5 cents) per liter, diesel prices up 2 rupees ( 4.2 cents). Widely used in Indian cooking kerosene home prices have risen 7.3% in the next few days may also be up 5%.
by the Indian Ministry of Petroleum and Natural Gas say, even if fuel prices rise, because of India's fuel sales price below cost price, the state-owned oil and gas companies are still facing the 2010-2011 fiscal year, 530 billion rupees (113 million) loss .
for the strike threat, the Indian Finance Minister Pranab Mukherjee in a recent interview, said: "No matter what (the situation), rose up the price can never be lower and lower back." Think tank "RPG Foundation "Lord 席佩帕南迪 Carl said:" The strike is the opposition to take action against the emergency does not mean to press the Government to halt further raise fuel prices. more necessary fiscal restraint, the Government understands that. "
India now serious inflation, the inflation rate in May this year, 10.16%. People's Party in April this year, tens of thousands of people organized a procession in the capital New Delhi to protest against rising food prices.
to curb inflation, India's central bank in April to buy back the interest rate and reverse repurchase rate by 25 basis points respectively to 5.25% and 3.75%; early July, the central bank interest rates again, these two up 25 basis points to 5.5% and 4%. Associated Press expects fuel prices will further augment the high inflation rate close to one percentage point.
People's Party and the Communist Party of India (Marxist) and other opposition parties believe that misguided government reform, harm the interests of ordinary citizens. Xinhua News Agency, the new
