The common man has once again been administered a severe blow in the form of increase in prices of LPG, kerosene and diesel. This oft-repeated price increase has been fuelling inflation. The compulsion of the government arising from the under-recoveries of companies is understandable. But even the current hike cannot fully offset the under-recoveries. So the problem of under-recoveries will continue to persist. The inflation, now at 9%-plus, is likely to surge ahead. RBIs action to tame inflation is rendered ineffective due to the periodic rise in petroleum prices. It has to seriously think of overhauling its petroleum policy.