WPI to observe protest against price rise across the country on September 7

    By TCN News,

    New Delhi: Welfare Party of India has decided to observe protest day against price rise throughout the country on September 7th, the coming Saturday. A dharna will be taken out by Delhi state committee at Jantarmantar on that day.


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    In this context, party President Mujtaba Farooq in a letter urged Prime Minister Dr. Manmohan Singh to effectively intervene and efficiently arrest the soaring prices of essential commodities. Mujtaba Farooq expressed his worry that such a situation arose when our warehouses are full and the country witnessed record production of foodgrains, which is the highest in 60 years as per official figures.

    Welfare Party demanded to constitute a price regulatory authority to regulate and maintain prices. The WPI President underscored the need to strengthen Public Distribution System (PDS) and to make the essential commodities available through the PDS at affordable prices. He also demanded to come strongly against hoarders and black-marketers and treat their heinous crime at par with anti-national activity.

    The Welfare Party found the future trading in agricultural produce one of the main reasons for the price rise and asked to ban it forthwith. Mujtaba Farooq strongly opposed the move to increase prices of diesel, cooking gas and to raise rail freight charges. The letter observed it was high time for the UPA Government to rethink the economic policy and urged to make it humane and to release from corporate clutches. Foreign investments with no strings attached have proved to be a bane not a gain for our economy as seen in the continuing slide of the national currency vis-à-vis the US dollar, the letter continued.

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