BJP members of House panel flag rising fuel prices
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They pose some sharp inquiries to Petroleum Secretary Tarun Kapoor.
An overwhelming majority of members of the Standing Committee on Petroleum, at a gathering on June 17, felt that petrol and diesel must be introduced underneath the GST regime to keep away from the a number of taxation by the Centre and the States, which they claimed was chargeable for the rise in fuel prices.
The committee is chaired by BJP member Ramesh Bidhuri. Though a choose few members, together with CPI(M)’s K. Sivadasan opposed the thought.
All the MPs, together with these belonging to the BJP, based on sources, expressed concern over the rising fuel prices and posed some sharp inquiries to Petroleum Secretary Tarun Kapoor.
The Congress not too long ago identified that the prices of petrol and diesel had elevated over 25 instances within the final month and a half. Both diesel and petrol have grow to be dearer by over ₹ 6 since May 2, when outcomes of the Assembly polls of 4 States and a Union Territory had been introduced.
Mr. Kapoor, based on the sources, quoting the instance of Delhi, defined that the bottom value of petrol was merely ₹ 36. But it was being bought at almost ₹ 97 a litre. The distinction within the base value and the promoting value was taxes each by the Centre and the State.
‘A flogging horse’
The Opposition members stated the federal government may not be detached to the spiralling prices, which had a cascading impact on different important commodities. “Fuel is being used as a flogging horse to make up for all the revenue deficit. If this flogging is already hurting the common man, the government has to step in,” one of them stated.
A struggle of phrases erupted between Mr. Bidhuri and Congress’s Pradyut Bordoloi, when the previous stated value escalation was nothing new.
A member who attended the assembly stated, “Mr. Bidhuri claimed that in 2003, the petrol price was ₹33 a litre, but by 2012, it had risen to ₹ 66, a 100 per cent increase. To this, Mr. Bordoloi pointed out that during the UPA rule, international oil prices had shot up to $144 a barrel, while the current rate was $78”.
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