In first reaction on rising fuel prices, PM Modi fires at Opposition-ruled states
Reacting to the issue of rising fuel prices, Prime Minister Narendra Modi has appealed to states ruled by the Opposition to reduce tax on fuel. This was his first reaction to the rising fuel prices. He said the states that did not reduce prices last November should do it now.
He said, “States like Tamil Nadu, West Bengal, Telangana, Maharashtra, Kerala and Jharkhand did not reduce tax on fuel, and should do it now.”
“Centre reduced the excise duty on fuel prices last November and also requested states to reduce tax. I am not criticizing anyone but request Maharashtra, West Bengal, Telangana, Andhra Pradesh, Kerala, Jharkhand, Tamil Nadu to reduce VAT now and give benefits to people,” he said.
The Congress on Saturday slammed the Union government over the inflation issue and asked what it was doing to bring down the prices of essential commodities which were grinding the households of common people.
He said states like Karnataka and Gujarat reduced VAT on fuel and passed on the benefits to people, despite the move hurting their treasuries.
PM Modi highlighted the Russia-Ukraine war, due to which supply chains have been affected. “This global crisis is bringing new challenges every day. In such a situation, it has become imperative to increase the coordination between the Centre and the states and uphold the values of cooperative federalism,” he said.
Former Congress president Rahul Gandhi said while the rate of inflation was 6.95 per cent, the interest rate of fixed deposits in banks was only 5 per cent.
“Forget depositing Rs 15 lakh to your bank accounts, PM Modi’s ‘masterstrokes’ have demolished your hard-earned savings,” he said on Twitter.
Read the full article at: indiatoday.in