Prime Minister Narendra Modi on Wednesday flagged the issue of high fuel prices in some Opposition-ruled states and urged these states to cut tax on petrol and diesel so as to provide relief to consumers. This was his first reaction to the rising fuel prices.
"I request states to reduce VAT on fuel prices in the spirit of cooperative federalism, the Prime Minister said during the concluding remarks of his interaction with chief ministers over rising Covid cases in the country. The Prime Minister added that the Centre had reduced excise duty last November to ease fuel prices and had also advised states to cut taxes.
Meanwhile, the Opposition slammed Modi after his appeal on fuel prices that have exploded over the past weeks. Congress leader Pawan Khera claimed that the Centre earned 26 lakh crore' from relentless hikes of petrol and diesel prices and demanded that first Central excise rates be further dropped.
"He (Modi) earned 26 lakh crore out of Central excise on petrol and diesel. Has he shared it? You didn't give GST share to states on time and then you ask states to further reduce VAT. He should reduce Central excise and then ask others to reduce VAT,' he was quoted by ANI.
This story is from the New Delhi 28April2022 edition of Millennium Post Delhi.
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This story is from the New Delhi 28April2022 edition of Millennium Post Delhi.
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