National

“Companies Recovering Increasing Cost From Public But Not Reducing Profit”: Akhilesh Yadav’s Jibe At BJP

New Delhi: In an attack over Centre, Samajwadi Party Chief Akhilesh Yadav on Tuesday said took a swipe on BJP and said that BJP is no more a party, it has become a company now. A company which is recovering the “increasing costs” from the people without reducing their own profit.

Taking to Twitter on the rising prices in India, the former Uttar Pradesh chief minister said, “In today’s era of inflation, companies are recovering the increasing cost from the public but they are not reducing their profits.”

Attaching a news report he said, “The role of a government in a democracy is not to rule, but to make policies, which are in the public interest, so that no one can exploit and oppress the people. BJP has become a company.”

Recently Akhilesh Yadav, who has been appointed as the Leader of Opposition in the state assembly, has repeatedly attacked on BJP government over last few days, for rising fuel prices.

As per the report shared by Akhilesh Yadav, Indian manufacturers are running out of capacity to absorb rising input costs, as a result of which companies are increasingly passing the cost along to consumers through a marked-up retail price.

In an economy already grappling with Asia’s third-fastest inflation and an uneven recovery, prices have surged across sectors, led by the Covid-19 pandemic as well as the ongoing war between Russia and Ukraine.

Such remarks of Yadav come on the day when the petrol diesel price hike by 80 paise a litre each, taking the total increase in fuel prices in the last two weeks to ₹9.20 per litre.

On Monday, Rajya Sabha witnessed repeated disruptions over rising prices of petroleum products as Opposition demand to discuss the issue was rejected again. Congress leader KC Venugopal demanded that the Centre should indulge in dialogue, deliberation and solution with regard to rising fuel prices across the country, alleging that the government adjourns the House whenever the opposition parties raise issues related to common people.

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