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November 29, Bitcoin — a cryptic story. November 26, West Bengal Chief Minister Mamata Banerjee on Thursday said that the Centre should look into the issue of surging fuel prices not from a political angle but from the common man's point of view. The everyday increase in petrol and diesel prices is causing severe problem for the common people, Banerjee said. This is an issue of the common people. The central government must look into this," Banerjee told reporters in Kolkata.
Union Petroleum Minister Dharmendra Pradhan said that the hike in fuel prices is due to circumstances in the international market. We are trying to control prices. Petrol and diesel prices are defined by international crude oil rates, Fadnavis noted. If it petrol and diesel can be brought under GST, rates will come down. Maharashtra has already given its consent for it," the chief minister told reporters in Mumbai.
The GST Council will also have to look into aspects like revenue losses before taking a decision, he said. Talks are going on with finance ministers of all states, Fadnavis said, adding that "other states have not given their consent yet. GST will ensure a single tax," he said. Dear PM, Glad to see you accept the imVkohli fitness challenge. Reduce Fuel prices or the Congress will do a nationwide agitation and force you to do so.
I look forward to your response. Terming the hike in petrol and diesel price "historic", IYC's national spokesperson Amrish Ranjan Pandey said, "The steepest fuel price hike will have cascading effects on other essential commodities affecting people already suffering from the exhaustive policies of the NDA government. The activists had planned to march from the IYC to Shastri Bhawan, which houses the Ministry of Petroleum and Natural Gas, but police did not allow them to proceed by erecting barricades few meters away from the ministry office.
The protest would be organised by Trinamool Youth Congress. The Centre did not slash the prices of petrol and diesel even when the prices were low in the international market," he said. Trinamool Congress said that it would organise protests in the city on Friday against the steep rise in fuel prices as it affected the common people. At present, tax rates on petrol and diesel in Punjab are about 36 per cent and However, tax rate on petrol and diesel in Chandigarh stand at about But nothing has been done yet," said Mongia, who has a fuel pump in Mohali.
The disparity in petrol and diesel prices has particularly hit the businesses of petrol pump owners in the border districts of Sangrur, Patiala, Bathinda, Gurdaspur, Mohali, Fathegarh Sahib, Ropar, Hoshiarpur, Gurdaspur and Mansa. Mongia said, "With the record rise in retail prices, the rampant smuggling of fuel is taking place.
Be it car owners or industry which requires fuel, all of them have switched over to Chandigarh-based fuel pumps. You can check the fuel pumps at Chandigarh and you will find 90 per cent of vehicles belong to either Punjab or Haryana. Pump owners further said they are suffering losses as vehicles and industries that require fuel cross over to Chandigarh-based fuel pumps to meet their petrol and diesel requirements.
Fuel pump owners in Punjab on Wednesday also sought reduction in taxes on petrol and diesel, alleging that higher retail prices in the state have led to smuggling of fuel from Chandigarh, where rates are comparatively lower.
Putting the onus on the Centre, he said, "Let's hope that something fruitful in this regard transpires in today's meeting between Union Petroleum minister Dharmendra Pradhan and oil companies".