Fuel price cut: 'Tokenism', says opposition as Jaitley takes 'lip sympathy' dig

NEW DELHI: Amid the furore on emerging gasoline prices, the Centre on Thursday announced a direct aid of Rs 2.50 according to litre on petrol and diesel prices.

NDA-ruled states apply Centre, cut gasoline rates further by way of Rs 2.50 according to litre

Arun Jaitley had mentioned that the central government will likely be writing to all state governments to reduce petrol and diesel prices by way of a further Rs 2.50 by way of slicing gross sales tax or value added tax (VAT). Maharashtra and Gujarat governments were a few of the first to announce an identical Rs 2.50 cut. Several other states later announced a an identical transfer.

The opposition then again used to be quick to play down the transfer, some terming the verdict as tokenism and others not easy a extra important cut.

While pronouncing the much-awaited aid, finance minister Arun Jaitley urged states to effect a cut in gross sales tax or value added tax (VAT). In an oblique reference to the opposition events, Jaitley mentioned it'll be a test for the ones states whose leaders were simplest tweeting and indulging in lip sympathy. "What will they do now? Last time also only BJP and NDA-led state governments reduced VAT. This time if other state governments do not do it then people will ask them," he mentioned.

Government cuts petrol, diesel prices by way of Rs 2.50; asks states to apply go well with

Finance minister Arun Jaitley mentioned the union government is effecting a Rs 1.50 cut on excise duty on petrol and diesel. Furthermore, the federal government has asked oil marketing firms (OMCs) to take in a deduction of Re 1 according to litre on each the petro merchandise.

Soon after the Centre announced the verdict, BJP president Amit Shah mentioned all the BJP-ruled states have also made up our minds to reduce VAT by way of Rs.2.50 according to litre on gasoline.

Read right here: NDA-ruled states cut gasoline rates by way of further Rs 2.50 according to litre

The opposition events then again were not inspired. Soon after the federal government announced the verdict, the Congress birthday celebration, at a press conference, demanded to carry back gasoline prices to 2014-levels, when the Modi government took price. Congress spokesperson Randeep Surjewala termed the cut in prices as a "pittance of one or two rupees", claiming that BJP-ruled states Maharashtra, Chhattisgarh, Jharkhand and Rajasthan levy the absolute best VAT on petroleum merchandise.

Former finance minister P Chidambaram termed the verdict as 'tokenism'.

Delhi chief minister Arvind Kejriwal also took to Twitter pronouncing that the Modi government has hiked the excise duty by way of Rs 10 and slashed prices by way of just Rs 2.50.

Maharashtra and Gujarat were a few of the first to announce matching gasoline value cuts providing an efficient Rs five aid to shoppers. Soon, several other NDA-ruled states -- Chhatisgarh, Tripura, Jharkhand, Madhya Pradesh, Uttar Pradesh, Haryana, Assam, Uttarakhand, Goa, and Himachal Pradesh -- adopted go well with.

Jammu and Kashmir, under governor's rule, also announced a Rs 2.50 cut.

While all other states effected the cut on each petrol and diesel, the Maharashtra government has slashed prices simplest on petrol and is considering a an identical cut on diesel.

Bihar deputy chief minister Sushil Modi mentioned the BJP-JD(U) government within the state will see the order by way of the finance minister sooner than taking a call.

However the opposition-ruled states refused to toe the Centre's line.

Reacting to the improvement, Karnataka chief minister H D Kumaraswamy mentioned the Congress - JD(S)-ruled state has already cut gasoline value by way of Rs 2 last month.

On an identical lines, Odisha finance minister Shashi Bhushan Behera mentioned the state won't immediately cut back VAT on gasoline and will examine the Centre's request.

None of the non-NDA governed states had announced a cut, till this file used to be filed. However, aside from Karnataka, Trinamool Congress-ruled West Bengal and BJP-ruled Rajasthan had given aid on gasoline prices last month. The Left-ruled Kerala had also slashed petrol and diesel prices by way of Re 1 in May.

Fuel price cut: 'Tokenism', says opposition as Jaitley takes 'lip sympathy' dig Fuel price cut: 'Tokenism', says opposition as Jaitley takes 'lip sympathy' dig Reviewed by kailash soni on October 04, 2018 Rating: 5
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