Taking strong exception to the Centre hiking excise duty on petrol and diesel by Rs 2 per litre even while pretending to reduce their prices, DMK President alleged that the duty hike was made only for the profit of private oil companies.
Replying to a question on this on Jan 22, Kalaignar said the government is increasing excise duty on petroleum products like petrol and diesel preventing people from getting the benefit of the drastic fall in crude oil prices in the international market. As open hike would invite people’s ire they were resorting to this tactics to pose as if they were acting brilliantly. The Centre has done this only for the profit of private oil firms. It has been estimated that this excise duty hike would fetch Rs.20,000 crore additional income and through the hike already effected they would get Rs 68,000 crore per year. This move has been opposed by opposition parties. Since November last so far excise duty on petrol and diesel was hike four times so far. In June last year the crude oil price was $ 112 which has now fallen to $ 46 I.e., reduced by 60 percent. But the Centre has no mind to pass on this entire benefit to the consumers.
In fact, the price of petrol should have been reduced by Rs 45 but it has been brought down only by Rs 13 per litre. With taxes it should be sold for just Rs 30 but it was sold for Rs. 63.94 and from Jan 22 it was Rs 61.38. Similarly the price of diesel was reduced from Rs 53.78 to Rs 51.34. People wanted further reduction of this price.
Condemning the Centre for the hike in excise duty, Kalaignar urged it to reconsider the mover as the reduction of prices of petrol and diesel would have cascading effect of reduction of the prices of essential commodities and pave way for industrial development.
Niti Aayog: Kalaignar also took exception to the dissolution of the Planning Commission and creation of Niti Aayog in its place, saying the name Niti Aayog itself was beyond the comprehension of people.
When there were so many issues to be solved by the Centre, it has formed this ‘Central Policy Commission’ as alternative to the Central Planning Commission functioning in the last 65 years since the days of Pandit Jawaharlal Nehru. If this commission would formulate polices, should not those policies be formulated into plans? If Planning Commission at the Centre is disbanded, what about the planning commissions in States now? It is better for the Centre to avoid such needless announcements and concentrate in working for the development schemes for people’s welfare, Kalaignar counseled.25 January 2015
Replying to a question on this on Jan 22, Kalaignar said the government is increasing excise duty on petroleum products like petrol and diesel preventing people from getting the benefit of the drastic fall in crude oil prices in the international market. As open hike would invite people’s ire they were resorting to this tactics to pose as if they were acting brilliantly. The Centre has done this only for the profit of private oil firms. It has been estimated that this excise duty hike would fetch Rs.20,000 crore additional income and through the hike already effected they would get Rs 68,000 crore per year. This move has been opposed by opposition parties. Since November last so far excise duty on petrol and diesel was hike four times so far. In June last year the crude oil price was $ 112 which has now fallen to $ 46 I.e., reduced by 60 percent. But the Centre has no mind to pass on this entire benefit to the consumers.
In fact, the price of petrol should have been reduced by Rs 45 but it has been brought down only by Rs 13 per litre. With taxes it should be sold for just Rs 30 but it was sold for Rs. 63.94 and from Jan 22 it was Rs 61.38. Similarly the price of diesel was reduced from Rs 53.78 to Rs 51.34. People wanted further reduction of this price.
Condemning the Centre for the hike in excise duty, Kalaignar urged it to reconsider the mover as the reduction of prices of petrol and diesel would have cascading effect of reduction of the prices of essential commodities and pave way for industrial development.
Niti Aayog: Kalaignar also took exception to the dissolution of the Planning Commission and creation of Niti Aayog in its place, saying the name Niti Aayog itself was beyond the comprehension of people.
When there were so many issues to be solved by the Centre, it has formed this ‘Central Policy Commission’ as alternative to the Central Planning Commission functioning in the last 65 years since the days of Pandit Jawaharlal Nehru. If this commission would formulate polices, should not those policies be formulated into plans? If Planning Commission at the Centre is disbanded, what about the planning commissions in States now? It is better for the Centre to avoid such needless announcements and concentrate in working for the development schemes for people’s welfare, Kalaignar counseled.25 January 2015
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