Sivarajan said the same excuse was given previously when the government made similar moves in order to keep the people happy.
“They (Presma) say that the prices for goods are controlled, but we have seen prices of many items going up within a year.
“With the price of flour increasing, it is for sure that bread products and roti canai will be affected,” he told reporters during a press conference.
Elaborating further, he said the move by the government to revoke subsidies for 25kg wheat flour bags had been predicted by PSM when the government announced the 2016 Budget recalibration.
He added that the move to revoke flour subsidies was due to corporate interests.
“It is obvious that when corporate tax is reduced and consumption tax is introduced, the government clearly wants to take care of corporate interests and burden the people,”
Sivarajan also predicted that many more subsidies would be revoked by the government in the future, in view of what had happened to the flour subsidy.
