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Bring petrol-diesel under GST, demands Congress

IANS  |  Mumbai 

With prices of petrol and diesel, per litre, crossing Rs 81 and Rs 68 respectively here, the Congress's Mumbai unit on Monday reiterated its demand to bring these fuels under the ambit of GST.

Accusing the of being "unconcerned' about the plight of the common masses, Mumbai pointed out that the petrol-diesel prices have overshot the highest peak four years ago, with an average Rs 5 per litre hike in both since the price of January 1, 2018.

"As the people battle to survive these high fuel prices, the government in the state and centre have no back-up plan to address the issue, it is clearly 'anti-people' and only concerned about the rich," he said in a statement.

Nirupam added that the tax component in the petrol-diesel prices is extremely high and either the taxes have to be slashed or the fuels have to be brought under the GST ambit immediately to bring down the prices, and provide relief to the masses.

"In 2015-2016 and 2016-2017, the growth in government revenues from petroleum produces was a whopping 25 percent, which is much higher than the 9-10 percent notched in the two previous financial years. The BJP government is milking the common masses by denying them the full benefits of the that prevailed earlier.

"The worst is the spiralling impact the high prices of the two critical fuels on all other sectors of the economy, transportation, prices of foods and commodities, with the entire slated for an increase in rates and the spectre of steep hike in soon looming before the people," he said.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 02 2018. 21:00 IST
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