Petrol and Oil prices hike

Telugu Veera
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Petrol and Oil prices hike

Postby statesman » June 7th, 2006, 7:20 pm

In the international market the barrel of crude when costing 72 dollars, the present government has increased Rs.4/- petrol and Rs.2/- on diesel against public sector companies request for Rs. 8/- hike on both.

Immediately CPI(M) started their agitation as usual without any shame. First of all they have to clear these following:

What is the state sales tax per cent on petro products in west bengal?
Ans: 27 when it is 10 in AP.

Who talks about safe guarding public sector industries day in day out, how you are opposing PSU oil companies requesting for price hike to avoid clossure?

no answer from them.

you support UPA at center and go on your lobby with CBN at hyderabad for participating in petro hike agitation? Is it not oportunism?

please answer.

do you want to start this agitation to keep BJP at a distance from these agitations or Do you have any understanding with congress to do agitations against every decision not to give a chance to other political parties like mamatha benergy in NDA Government?

This is not an ire on one political party.. in general it has become common to fool the public like this by shouting and effigy burnings to catch the attention of public on roads only to forget the same next day.

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Postby webgeek » June 8th, 2006, 2:19 pm

Nice facts that you have collected.

I was surprised with the statement from the Union Government is saying state governments to decrease the sales tax when it was not at all listening to the reasons why other parties are asking for decreasing the oil prices.
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Telugu Veera
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Postby statesman » June 9th, 2006, 7:22 pm

TODAY SEETHARAM ECHURI OF CPIM HAS GIVEN A 10 MINUTES JUSTIFICATION FOR THE PETROHIKE AGITATION, AND HIS POINT IS THAT CENTRAL GOVERNMENT SHOULD SUBSIDISE THE LOSSES INCURRED BY PSU's and states total revenue of all 28 states is mere 30000 crores and center is getting 98000 crores on accont of its tax revenue. he is not accepting that WB is at fault for its 27% state ST on petro products. he argues that center instead of asking states to reduce taxation should transfer funds from 98000 crores to PSU's FOR MAKING UP LOSSES.

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Postby sivego » June 10th, 2006, 7:15 pm

this is today's the hindu main page and what ever statesman posted about true colours of CPIM has now taken very serious turn by this action of congress party.

Front Page

No ST on increased oil price in Congress-ruled States

K.V. Prasad

NEW DELHI: The Congress on Friday night decided that in the States where the party was heading the Government sales tax would not be levied on the increased price of petrol and diesel.

Party sources here said the move was prompted by the commitment of the Congress to address the concerns of the aam aadmi (common man).

Highly placed sources said the Congress had asked the State Governments not to levy the tax and cited the example of Maharashtra, where the price of petrol would be less by Re. 1 a litre on account of this decision.

The Congress is heading the government in over a dozen States, including in the Northeast. In the North, the party is in power in Delhi, Punjab, Haryana and Himachal Pradesh, and is leading the coalition in Jammu and Kashmir. In the South, the Congress rules Andhra Pradesh and the Union Territory of Pondicherry.

The high command directive comes two days after the party appealed to the Centre to take into consideration the problems of the common people. Though it did not specify the quantum of the cut the party expected in terms of the actual price being charged, senior party leaders maintained that petrol could cost Re. 1 less.

With the Government asserting that there would be no rollback, the Congress has been under pressure to prove that its voice is heard by the Manmohan Singh Government.

The move is aimed at blunting criticism that the Government does not heed the "suggestion" of the party and at the same time taking the sting out of opposition.

It is not coincidental that Petroleum Minister Murli Deora on Thursday suggested that the States cushion the impact of the oil price hike by not levying an additional burden in terms of sales tax.

We have to now see whether WB government will reduce ST on petro products or not.

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