Government reduces fuel price as assembly elections approach

Must Read

President Ram Nath Kovind appoints new governor for Kerala, Telangana, Himachal Pradesh and Maharashtra

President Ram Nath Kovind appointed new governors for Maharashtra, Kerala, Telangana, Rajasthan, and Himachal Pradesh on Sunday. https://twitter.com/ANI/status/1168037199767457792 Former Union Minister Kalraj...

NRC list for Assam released; Fear looms as 19 lakh people face exclusion

NRC (National Register of Citizens) for Assam has been published at 10 am today. The final list excludes over...

Lateral Entry Era Begins as Union govt. appoints 9 professionals to Joint Secretary posts

The government has appointed its first batch of private professionals to the post of Joint Secretary in various ministries....

The government has finally paid heed to the growing prices of petrol and diesel in the nation and has decided to cut down the price in the wake of upcoming assembly elections. The people’s frustration and the opposition asking questions from the government had led to this decision.

Although the government had been arranging meetings regarding reducing excise duty on fuel for the past two months, the implementation has been made seeing the anger of the people against the government and its probable adverse impact on the votes in the upcoming assembly polls in 4 states.

Earlier this week, petroleum minister Dharmendra Pradhan ,Arun Jaitley and railway minister Piyush Goyal held a meeting with BJP chief Amit Shah who then talked to PM Modi about the seriousness of the issue.

After PM gave his nod, the centre announced a cut in excise duty by Rs 1.5 per litre of petrol and diesel, each, while oil marketing companies would reduce the prices by a rupee per litre. The state governments also announced a reduction in VAT after Modi asked BJP-ruled states to do so. Before this announcement, some states like Andhra Pradesh, West Bengal, Kerala and Rajasthan had already reduced the VAT.

This will build a pressure on TRS led government in Telangana to cut the VAT otherwise the opposition might rake up this issue during election campaign.

Lately, Social media is flooded with Modi’s pre-2014 election speeches, where he had criticized the UPA government vehemently for increase in petrol and diesel prices and falling rupee. Congress President Rahul Gandhi had also questioned the central government on the continuously rise in fuel prices,

It is to be noted that the decision to reduce oil price comes just before the Election Commission formally announces the poll schedule for Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram, as once the MCC had been implemented, the government would have to take permission from EC to take this measure.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Drashti Dhami and Sanaya Irani are ultimate buddies, Check out photos

Drashti Dhami and Sanaya Irani are one of the closet buddies in film industry. Both have worked and stayed...

Japan PM Shinzo Abe to meet Iran’s President Hassan Rouhani

Following the rising tensions in the Middle-East after an attack on the oil facilities in Saudi Arabia. Japanese Prime Minister Shinzo Abe is set...

Spain rejects US extradition request for Venezuela’s top spy Hugo Carvajal

Spain's top court has denied an extradition request by the United States and has ordered the release of Venezuela's former spy chief, Hugo Carvajal. Carvajal...

Borderlands 3 cloud-save hotfix coming soon

Borderlands 3 made its first appearance at E3 2019 during Microsoft’s press conference on June 9. After months of anticipation, Borderlands 3 finally released on PC, PS4 and Xbox One on September 13th. But it seems like...

Radhika Apte makes a Classy appearance at IIFA Rocks 2019

Radhika Apte is an Indian film actress, who is popularly known for her intellectual roles and passionate acting in the movies. She has worked...
- Advertisement -

More Articles Like This