oppn parties Burden Of Rising Fuel Prices

News Snippets

  • Supreme Court rules that functional disability should be the deciding factor in granting road accident damages and not any doctor-issued disability certificate
  • Supreme Court flagged the fact that nearly 56% of the vehicles plying in India were uninsured and asked the government to challan them
  • An Air India flight from Phuket to Delhi encountered severe turbulence and 17 passengers were admitted to hospital with injuries
  • Calcutta HC said that heavens won't fall if Vande Matram is made mandatory to sing in madrasas
  • Kolkata Municipal Corporation has sought government nod for increasing city's wards to 200+ to keep residents in each ward between 16000 to 18000
  • Government has said that partially filled online Census forms may be allowed
  • Government may allow fees on UPI payments above Rs 2000, except on transfer between two individuals
  • Brent crude falls below $80 per barrel
  • Government has increased the LIC offer for sale to Rs 31,400cr with an additional 4% on the block
  • Stock markets become nervous on Tuesday due to Gulf situation: Sensex slides 210 points and Nifty sheds 159 points ahead of RBI MPC meets today
  • Indian cricket team lands in Sri Lanka for a 2-Test series
  • A former French Navy pilot who had alleged that IAF had lost Rafales during Operation Sindoor has been held in France on spying charges
  • An ordinary zari worked living just 100km away from Kolkata was stunned to find Rs 100cr deposited in the bank account. The bank has frozen her account pending enquiry
  • Businessmen in Kolkata gets a Rs 5-crore extortion call, allegedly from the Lawrence Bishnoi gang
  • NTA floats tenders to secure offices and exam materials round-the-clock
Tarun Tejpal, former editor of Tehelka, was sentenced to 10 years in jail by Bombay HC for raping a colleague. This judgment overturns the acquittal by a Goa sessions court
oppn parties
Burden Of Rising Fuel Prices

By admin
First publised on 2020-06-26 12:31:32

About the Author

Sunil Garodia By our team of in-house writers.

People are talking about the rising prices of petrol and diesel and the consequent hardships being suffered by the common man in these difficult times. People say that if the government has given a Rs 20 lakh crore economic package to alleviate the sufferings of the people, it could also have absorbed a part of the fuel cost rise by lowering taxes.

People say that due to the rise in the prices of petrol and diesel, many public transport operators have withdrawn services. In Kolkata, private buses, metered cabs and app cabs have vanished. It is becoming unremunerative for them to operate their vehicles. People say this has made life difficult for commuters as the Metro and suburban trains are not running yet offices are open.

People are of the opinion that the government should immediately reduce taxes and bring the prices down. They say that otherwise public transport operators will put pressure to increase tariffs and that would be an additional burden on the common man. They say that the government should not prevaricate on this issue and make the decision fast.

They say that both the Centre and the states have a role to play in this. They cite the example of Delhi where exorbitant tax by the local government has pushed the price of diesel above that of petrol for the first time in history. They say that the common man will not be burdened if governments reduce the taxes and duties that inflate fuel prices.