HYDERABAD: Bharat Rashtra Samithi (BRS) Working President KT Rama Rao on Monday requested a “straight question” to Prime Minister Narendra Modi and Telangana BJP chief Bandi Sanjay on skyrocketing gas costs regardless of crude oil worth dropping within the worldwide market.
Rama Rao stated that in May 2014 when crude per barrel was $107, petrol worth was Rs 71 per liter however in March 2023 when crude oil per barrel is $65, the worth of petrol is Rs 110 per litre.
“If fuel prices had to be hiked when price of crude oil went up, should they also not be brought down when prices drop? Who is benefiting from the hike,” requested KTR, because the BRS chief is popularly identified.
KTR, who can also be a state minister, took to Twitter to pose the query to the PM. “To those who want petroleum products to be brought under GST to curb Fuel Price Hike; LPG is already under GST. But the price increased from Rs 400 to Rs 1200 in 8 years,” he stated.
He requested how can a “Non-performing Alliance (NPA)” that can’t management LPG cylinder costs be entrusted with petroleum merchandise?
Telangana BJP president Bandi Sanjay hit again at KTR.
He tweeted that BRS is a celebration of bald-faced liars, individuals won’t consider something that KTR says anymore as a result of KCR just isn’t lowering VAT.
“Telangana people are forced to pay one of the highest rate for Petrol in India Rs 109.66/litre which is downright loot. In BJP ruled state UP it costs Rs 96.57/litre,” Sanjay stated.
The BJP chief stated that VAT on petrol and diesel in Telangana is 35.2 per cent and 26 per cent, respectively, whereas in UP, it’s 26.8 and 17.48 per cent.
Sanjay stated that the Narendra Modi authorities will reduce central excise obligation twice – in May 2022 and November 2021 – amounting cumulatively to Rs 13 per liter of petrol and Rs 15 per liter on diesel, at a value of Rs 2.2 lakh crore a 12 months to the Central cashier. Costs of petrol & diesel in India (New Delhi) have declined by 5 per cent and three.71 per cent, respectively between March 2022 & March 2023. These costs have gone up by 38 per cent and 104.02 per cent in Sri Lanka, 22 per cent and 45.16 per cent in Pakistan, 28 per cent and 20.23 per cent in Bangladesh and 22 per cent and 36.09 per cent in Nepal, he stated.
“Their fabricated lies cannot conceal the fact that Global energy analysts and commentators are astonished at the fact that India, despite the sheer scale of its population – 50 lakh LPG cylinders are delivered by OMCs and 6 crore consumers visit OMC petrol pumps every day – has managed to ensure accessible and affordable energy to 1.4 billion people at a time when its immediate neighborhood is facing dry-outs and massive price hikes,” stated the BJP chief.
He additionally claimed that the BJP-led Central authorities even imposed an export cess and windfall tax on domestically produced petroleum merchandise yearly to forestall exporters from profiteering at the price of home shoppers.
“Oil Marketing Companies incurred huge losses during price peaks for ensuring the supply of petrol and diesel at controlled rates to Indian citizens, which have been kept unchanged by public sector OMCs since 6th April 2022. Inspired by PM Modi’s decisive consumer-welfare gesture, many State governments have reduced VAT except Telangana. Instead of trying weary old tactic of spreading lies, the BRS should cut VAT in the best interest of the people,” Sanjay added.
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