The CPI(M) on Monday termed as "drama" the resignation of Dinesh Trivedi as Railway Minister, saying the episode reflected badly on the functioning of UPA and his party Trinamool Congress.

Alleging that the Union Budget will result in all-round price rise and imposition of greater burdens on the working people, the party asked its units to protest against these new burdens imposed by the budget and mobilise people to demand that such provisions be scrapped.

"The drama of the resignation of Dinesh Trivedi as Railway Minister after the presentation of the Railway Budget reflects badly on the Trinamool Congress and the functioning of the UPA government.

"What is of least concern for the TMC leader, who was herself the railway minister ten months ago, is the perilous state of the railways which is in a financial mess and where safety aspects are being neglected," the party said in a statement after a meeting of its Central Committee.

The three-day meeting of the Central Committee, which ended here on Monday, also finalised the Political-Organisational Report to be presented at the Party Congress which reviews the political and organisational work of the Party since the 19th party Congress.

On the Union budget, the party said, the proposals contained in the Budget will result in all-round price rise and the imposition of greater burdens on the working people.

"The increase in excise duties and service taxes across the board will impose an additional burden of Rs 45,940 crore.

The cut in fuel subsidy of Rs 25,000 crore will lead to further hikes in fuel prices. The cut in subsidies to fertilisers by Rs 6,000 crore will add to the already high prices of fertilisers and affect the livelihood of millions of farmers," it said.