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All Political Parties except PPP have rejected the Oil and Gas Regulatory Authority's (Ogra) decision to raise the prices of petroleum products by 9.9 percent describing them unjust and unfair. Pakistan Muslim League-N's MNA Rana Mehmood-ul-Hassan, Begum Tehmina Daultana, MNA Abdul Waheed Arain have strongly reacted on the recent prices of Petroleum products and said that Government should reduce its taxes on POL instead of increasing the prices.
They said that recent increase would bring another flood of price hike, which would badly hit the daily wage earners and salaried class. The Muttahida Qaumi Movement (MQM) Regional Incharge Karamat Ali Sheikh rejected the Oil and Gas Regulatory Authority's (Ogra) decision to raise the prices of petroleum products by 9.9 percent.
According to sources, MQM Rabita Committee member Iftikhar Akbar Randhawa rejected Ogra's decision after its emergency meeting in Multan to review the price hike. MQM demanded the government to take back the decision in three days. MQM leader Waseh Jalil said that the party has rejected the petroleum price hike. He said MQM would announce its further course of action if the government did not take back the decision. Another leader of the party, Khawaja Asif, demanded boosting the consumer's purchasing power if raise in the petrol price is vital. On the other hand, Pakistan Tehreek-e-Insaf (PTI) Chairman, Imran Khan, and Jamaat-e-Islami have also rejected the increase in the petroleum products' prices. The JI announced that it would hold a demonstration over the decision.

Copyright Business Recorder, 2011

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