Kashmir Indepth

Modi Govt. looting poor through high Taxes – Congress

Sunderbani, Oct. 01 ( KINS) :  Congress expressed concern over the continuous increase in the prices of Petrol, Diesel, LPG and other essential commodities of life.
Reacting over the continuous increase of petrol, diesel, LPG and all other essential commodities, Chief Spokesperson JKPCC Mr. Ravinder Sharma (Ex-MLC) said that BJP is simply looting the people in the name of taxes and questioned Modi government on what basis does it decide on the prices of petroleum products every day. why is this hike in petrol and diesel prices when international crude oil prices are low.
He said that the uncontrolled inflation and this government’s crude policies has inflicted a lot of misery upon a lot of sections of people in India. The fuel price hike has not only hit the traders but also farmers, students, daily wage earners and other sections of the society. He questioned, if the international crude oil prices are low, why are the people of India paying such high prices for fuel?  On what basis does it decide on the prices of petroleum products every day and what is the explanation for subjecting people to this cruelty?
 Sharma said that BJP government has increased excise duty on diesel by 820% and on Petrol by 258% over and collected upwards of Rs. 21 lakh crore in the last six and a half years,” he said. This “unaccounted-for” windfall is yet to be passed to the people for whose benefit it was ostensibly collected, he said.
He further said that many challenges have been compounded by runaway inflation and an unprecedented rise in price of almost all household items and essential commodities. Stressing that fuel prices are at an “historic and unsustainable” high, he said petrol has crossed the Rs 100 per liter mark in many parts of the country and the surging price of diesel has added to the escalating woes of millions of farmers.“What baffles most citizens, is that these prices have been increased despite moderate prices of international crude oil. What is equally distressing is that despite being in power for almost seven years now, the government continues to blame previous regimes for its own economic mismanagement, he said.( KINS)

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