'Modi govt betrayed people': Cong slams BJP on rising petrol, diesel prices

Agencies
April 3, 2018

New Delhi, Apr 3: The Congress on Monday demanded that petrol and diesel be brought under the Goods and Service Tax (GST) regime, and accused the Modi government of "betraying" the trust of the common people and "miserably failing" to curtail the rise in fuel prices.

Senior Congress leader P Chidambaram dubbed the BJP government as "anti-poor" and "anti-middle class" as these sections have to bear the burden of high fuel prices.

He also alleged that the BJP government believed in "cruel taxation" and "imprudent borrowing".

Noting that crude oil price had fallen from $108 in May 2014 to $77 in April 2018, the former finance minister asked, "Why are petrol and diesel prices today higher than prices in May 2014?"

"The BJP government is anti-poor and anti-middle class. These are the sections that have to bear the burden of high petrol and diesel prices.

"BJP government believes in two things (1) Cruel Taxation and (2) Imprudent Borrowing. Thank god this is the last year of the present government," he said in a series of tweets.

Congress communications in-charge Randeep Surjewala said the Modi government was "unmoved" and "unresponsive" to the pain of the common people suffering the brunt of high oil prices.

"The Narendra Modi government has betrayed the trust that the common people had bestowed on it. It has miserably failed to curtail the rise in fuel prices and busy filling the treasury coffers at the expense of the ordinary citizens.

"We have demanded in the past and we again reiterate our demand that petrol and diesel must be brought under the GST," he said in a statement.

Surjewala said while diesel prices are at an all-time high, petrol price is the highest since Modi came to power, "but Modi government is 'unmoved, unresponsive, unhearable and now unbearable'!"

He said the BJP's pre-election slogans have now become a "cruel joke" on common people.

The Congress leader said with diesel price shooting up directly impacts food inflation as the lifeline of farmers is at a historic high and petrol's continuous rise burns holes in the pockets of people.

"Narendra Modi's previous tweets on petrol and diesel prices now mock us in the face and serve as a constant reminder that one should never trust the BJP and its tall promises. Only one year is left, and people of India will definitely vote this government out!" he said.

He also accused the BJP of profiteering at the cost of common people, alleging that while international crude oil prices have come down by more than 30 percent, the BJP government has earned a windfall of Rs 7.35 lakh crore by levying various central taxes on petrol and diesel.

"Where has the money gone? Instead of passing the benefit to ordinary Indians, they got brutally taxed by BJP," he said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 23,2020

New Delhi, Apr 23: Union Information and Broadcasting Minister, Prakash Javadekar, on Thursday condemned the attack on Republic TV editor-in-chief Arnab Goswami saying that this is "against democracy".

"We condemn the attempt to attack renowned journalist Arnab Goswami. Essentially, we condemn every attack on any journalist. Because this is against democracy," the Union Minister said.

"It is really ironical that those who preach tolerance have become so intolerant. Therefore, we condemn this attempt. We appeal to the collective wisdom that this is undemocratic. As per present law, definitely, police takes action, if there is a complaint," said Javadekar.

Two persons were arrested on Thursday morning for allegedly attacking Republic TV editor-in-chief Arnab Goswami and his wife Samyabrata Ray in Mumbai.

Comments

fairman
 - 
Thursday, 23 Apr 2020

Javedkar is blind not to accept Arnab's venomous statement in deciding the nation. He is another shameless 

 

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 7,2020

Mar 7: Two Malayalam news channels, Asianet News and Media One, which were banned by the information and broadcasting ministry for their coverage of the recent violence in Delhi on Friday evening, were allowed to resume telecasting on Saturday morning.

While Asianet News appeared to have begun operations around 7am on Saturday, Media One was screening content by 9.30am.

The ministry of information and broadcasting had imposed a 48-hour ban on Asianet News and Media One for their coverage of the Delhi violence for 48 hours from 7.30pm on Friday. Both Asianet News and Media One were barred under Rule 6(1 c) and Rule 6(1e) of the Cable Television Networks Act, 1994.

The ministry of information and broadcasting alleged Asianet News and Media One were "biased" and critical of the RSS and Delhi Police.

The ban on Asianet News and Media One triggered a torrent of criticism of the move. Congress MP Shashi Tharoor asked how "Malayalam channels inflame communal passions in Delhi?" and alleged some English news channels were continuing "their brazen distortions" with impunity.

In a statement issued on Friday after the ban, Media One termed the move "unfortunate and condemnable" and called it a "blatant attack against free and fair reporting". Media One called it "an order to stop free and fair journalism".

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.