Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Pranab claim specious, short on facts: CPI (M)    </title>
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-The Hindu


&nbsp;


The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.





Reacting to his November 22 suo motu statement in..."/>
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-The Hindu


&nbsp;


The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.





Reacting to his November 22 suo motu statement in..." />
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		 Published on</span><span class="text-date"> Nov 24, 2011</span>
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                            <div style="text-align: justify">-The Hindu</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Reacting to his November 22 suo motu statement in Parliament, the CPI(M) Polit Bureau said: &ldquo;It is nothing but an exercise in deception to conceal the utter failure of the UPA government in checking the relentless price rise.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While referring to the global inflationary trends, the Minister suppressed the fact that among the G-20 countries, India had the highest rate of consumer price inflation. Equally appalling was the government complacency on the sharp fall of the rupee vis-&agrave;-vis the dollar and other major currencies.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The depreciation of the rupee is adding to inflationary pressures because India has to import oil and fertilizers.&rdquo; Rather than protecting the interests of ordinary consumers by stabilising the rupee value, the government seemed to be catering to speculative interests who benefited from market volatility.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Pointing out that rupee depreciation was mainly due to Foreign Institutional Investors (FII) pulling out massive funds from the Indian capital market, the CPI (M) said it had been constantly warning the Centre against liberalisation of speculative capital flows but the government refused to put any curb.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Rejecting the government claim that excessive demand was fuelling inflation, the party said it was on account of the hike in the prices of petrol and diesel, fertilizers and other agricultural inputs, power and transport charges, etc.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Also cuts in subsidies resulted in cost-push inflation and were having a cascading impact on food prices. The government was refusing to use the Public Distribution System effectively to provide an alternative source of cheaper food for mass consumption.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CPI(M) demanded that the Centre direct the Reserve Bank of India to intervene in the market to stabilise the rupee, and curb speculative FII flows.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Roll back prices</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Other demands were that the government check price rise and inflation by rolling back fuel price hikes and reducing indirect taxes on petro-products, control fertilizer prices by enhancing subsidy, universalise the PDS and prohibit futures trading in sugar, wheat and other essential commodities.</div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article2658465.ece" class="re" target="_blank">The Hindu, 25 November, 2011, http://www.thehindu.com/todays-paper/tp-national/article2658465.ece</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Pranab claim specious, short on facts: CPI (M)    </title>
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-The Hindu


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The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.





Reacting to his November 22 suo motu statement in..."/>
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-The Hindu


&nbsp;


The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.





Reacting to his November 22 suo motu statement in..." />
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    <h1 class="cat-box-title">Pranab claim specious, short on facts: CPI (M)</h1>
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                            <div style="text-align: justify">-The Hindu</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Reacting to his November 22 suo motu statement in Parliament, the CPI(M) Polit Bureau said: &ldquo;It is nothing but an exercise in deception to conceal the utter failure of the UPA government in checking the relentless price rise.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While referring to the global inflationary trends, the Minister suppressed the fact that among the G-20 countries, India had the highest rate of consumer price inflation. Equally appalling was the government complacency on the sharp fall of the rupee vis-&agrave;-vis the dollar and other major currencies.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The depreciation of the rupee is adding to inflationary pressures because India has to import oil and fertilizers.&rdquo; Rather than protecting the interests of ordinary consumers by stabilising the rupee value, the government seemed to be catering to speculative interests who benefited from market volatility.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Pointing out that rupee depreciation was mainly due to Foreign Institutional Investors (FII) pulling out massive funds from the Indian capital market, the CPI (M) said it had been constantly warning the Centre against liberalisation of speculative capital flows but the government refused to put any curb.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Rejecting the government claim that excessive demand was fuelling inflation, the party said it was on account of the hike in the prices of petrol and diesel, fertilizers and other agricultural inputs, power and transport charges, etc.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Also cuts in subsidies resulted in cost-push inflation and were having a cascading impact on food prices. The government was refusing to use the Public Distribution System effectively to provide an alternative source of cheaper food for mass consumption.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CPI(M) demanded that the Centre direct the Reserve Bank of India to intervene in the market to stabilise the rupee, and curb speculative FII flows.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Roll back prices</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Other demands were that the government check price rise and inflation by rolling back fuel price hikes and reducing indirect taxes on petro-products, control fertilizer prices by enhancing subsidy, universalise the PDS and prohibit futures trading in sugar, wheat and other essential commodities.</div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article2658465.ece" class="re" target="_blank">The Hindu, 25 November, 2011, http://www.thehindu.com/todays-paper/tp-national/article2658465.ece</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Pranab claim specious, short on facts: CPI (M)    </title>
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-The Hindu


&nbsp;


The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.





Reacting to his November 22 suo motu statement in..."/>
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-The Hindu


&nbsp;


The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.





Reacting to his November 22 suo motu statement in..." />
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    <h1 class="cat-box-title">Pranab claim specious, short on facts: CPI (M)</h1>
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                            <div style="text-align: justify">-The Hindu</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">The Communist Party of India (Marxist) on Thursday refuted the &ldquo;specious explanations&rdquo; on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Reacting to his November 22 suo motu statement in Parliament, the CPI(M) Polit Bureau said: &ldquo;It is nothing but an exercise in deception to conceal the utter failure of the UPA government in checking the relentless price rise.&rdquo;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While referring to the global inflationary trends, the Minister suppressed the fact that among the G-20 countries, India had the highest rate of consumer price inflation. Equally appalling was the government complacency on the sharp fall of the rupee vis-&agrave;-vis the dollar and other major currencies.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;The depreciation of the rupee is adding to inflationary pressures because India has to import oil and fertilizers.&rdquo; Rather than protecting the interests of ordinary consumers by stabilising the rupee value, the government seemed to be catering to speculative interests who benefited from market volatility.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Pointing out that rupee depreciation was mainly due to Foreign Institutional Investors (FII) pulling out massive funds from the Indian capital market, the CPI (M) said it had been constantly warning the Centre against liberalisation of speculative capital flows but the government refused to put any curb.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Rejecting the government claim that excessive demand was fuelling inflation, the party said it was on account of the hike in the prices of petrol and diesel, fertilizers and other agricultural inputs, power and transport charges, etc.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Also cuts in subsidies resulted in cost-push inflation and were having a cascading impact on food prices. The government was refusing to use the Public Distribution System effectively to provide an alternative source of cheaper food for mass consumption.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CPI(M) demanded that the Centre direct the Reserve Bank of India to intervene in the market to stabilise the rupee, and curb speculative FII flows.</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>Roll back prices</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Other demands were that the government check price rise and inflation by rolling back fuel price hikes and reducing indirect taxes on petro-products, control fertilizer prices by enhancing subsidy, universalise the PDS and prohibit futures trading in sugar, wheat and other essential commodities.</div>                                                           
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    <br><a href="http://www.thehindu.com/todays-paper/tp-national/article2658465.ece" class="re" target="_blank">The Hindu, 25 November, 2011, http://www.thehindu.com/todays-paper/tp-national/article2658465.ece</a><div class="clear"></div>
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Home हिन्दी

Pranab claim specious, short on facts: CPI (M)

Published on Nov 24, 2011   Modified on Nov 24, 2011

-The Hindu   The Communist Party of India (Marxist) on Thursday refuted the “specious explanations” on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise. Reacting to his November 22 suo motu statement in Parliament, the CPI(M) Polit Bureau said: “It is nothing but an exercise in deception to conceal the utter failure of the UPA government in checking the relentless price rise.” While referring to the global inflationary trends, the Minister suppressed the fact that among the G-20 countries, India had the highest rate of consumer price inflation. Equally appalling was the government complacency on the sharp fall of the rupee vis-à-vis the dollar and other major currencies. “The depreciation of the rupee is adding to inflationary pressures because India has to import oil and fertilizers.” Rather than protecting the interests of ordinary consumers by stabilising the rupee value, the government seemed to be catering to speculative interests who benefited from market volatility. Pointing out that rupee depreciation was mainly due to Foreign Institutional Investors (FII) pulling out massive funds from the Indian capital market, the CPI (M) said it had been constantly warning the Centre against liberalisation of speculative capital flows but the government refused to put any curb. Rejecting the government claim that excessive demand was fuelling inflation, the party said it was on account of the hike in the prices of petrol and diesel, fertilizers and other agricultural inputs, power and transport charges, etc. Also cuts in subsidies resulted in cost-push inflation and were having a cascading impact on food prices. The government was refusing to use the Public Distribution System effectively to provide an alternative source of cheaper food for mass consumption. The CPI(M) demanded that the Centre direct the Reserve Bank of India to intervene in the market to stabilise the rupee, and curb speculative FII flows. Roll back prices Other demands were that the government check price rise and inflation by rolling back fuel price hikes and reducing indirect taxes on petro-products, control fertilizer prices by enhancing subsidy, universalise the PDS and prohibit futures trading in sugar, wheat and other essential commodities.

The Hindu, 25 November, 2011, http://www.thehindu.com/todays-paper/tp-national/article2658465.ece

Tagged with: Inflation PDS

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