Badal blames Centre's economic policies for inflation

Subscribe to Oneindia News

Mohali, May 5 (UNI) Punjab Chief Minister Parkash Singh Badal today blamed the Centre for its arbitrary economic policies that had led an unprecedented price rise of essential commodities in the last six months.

Addressing a gathering after paying floral tributes to the great Sikh warrior of the 18th century, Jassa Singh Ramgarhia at a state level function to mark his 285th birthday, he called upon all sections of society to wage a 'battle' against the economic policies of the UPA-government.

The ill conceived policies of the Centre are bent upon bringing the state's industry to a grinding halt due to the sky rocketing prices of steel and cement which have almost registered an increase of fifty per cent in the last few months, he added. The government did not halt the export of steel and cement when the country was facing a shortage, he added.

Mr Badal said that the spiralling prices of essential commodities has also virtually crushed the common man due to wrong and anti-people policies of the UPA government. He said the Congress party was toeing the capitalist lines thereby blatantly ignoring the basic needs of the people.

If the Congress was serious to the core in mitigating the sufferings of the common man it would have certainly initiated measures to check inflation, he added. The Chief Minister held UPA government responsible entirely for the price rise due to its self centered policies which were benefiting a few industrial houses.

''Perhaps these industrial houses will help the Congress party in the next Lok Sabha elections'', he claimed.

The Chief Minister urged Prime Minister Manmohan Singh and Union Finance Minister P Chidambaram to take immediate remedial measures to check inflation which is playing havoc with the lives of the people rather in dilly dallying the issue on one pretext or the other.

On the procurement front, Mr Badal shared his happiness and satisfaction over the achievement of the target of 90 lakh MT of wheat. He said that it is expected to cross the mark of 100 lakh MT as the yield has registered an increase of 40 per cent over last year.

He categorically said that Punjab had kept its promise in meeting the target of procurement fixed by the Union Government.

However, the Centre has not bothered to watch the genuine interests of the farmers and has refused to hike the MSP from Rs 1,000 per quintal or give a bonus.

UNI HS PDT RAI1941

Please Wait while comments are loading...