Bangladesh News: After Sri Lanka, now protests in Bangladesh after the increased prices of petrol and diesel, another neighbor of India in big trouble! – bangladesh news protests erupt in bangladesh after fuel price hiked by 52 percent
After the new announcement made by the government, diesel has become costlier by 34 taka per liter, octane 46 taka per liter and petrol by 44 taka per liter. It has been said by many media outlets of the country that this is an increase of 51.7 percent. This is the first time since independence when petrol diesel has become so expensive in the country. Many such videos are coming on social media in which people are thronged to fill the tanks at petrol pumps.
People are standing in line overnight to get the tank full. The economy of Bangladesh is worth $416 billion. Until a few years ago, it was termed as the fastest growing economy of the world. But apart from energy, the country has faced difficulties due to expensive food and drink items. Imports have increased and the situation is such that the government has appealed for a loan from the International Monetary Fund.
Protesters have marched in the capital Dhaka and protested the government’s decision. Some of these people were associated with the student union which was protesting in front of the National Museum. Speaking to the Dhaka Tribune, a protester vented anger against the government. The protester said, “The common man is already in trouble and life has become very difficult.
The government is looting the property of the public and its attitude is adding to the suffering of the people. The Dhaka Tribune says that after the government’s decision, the operators increased the prices. Organizations like Bangladesh Jatri Kalyan Samiti (BJKS) have opposed this. He says that now after this the bus fare will be expensive which is beyond the tolerance.
The way oil prices are increasing in the international market, after that petrol and diesel will be expensive in Bangladesh as well, it was already expected. It was said on behalf of the Ministry of Energy that Bangladesh Petroleum Corporation (BPC) has suffered a loss of 8 billion Taka till the month of July. Since then, there were speculations that the government may announce increased prices anytime.
Inflation rate in the country has also increased for the ninth consecutive month and it remains at 6 percent. In July, the annual inflation rate had reached 7.48 percent. After this, it became difficult for the poor and middle class people to bear the daily expenses.