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news details
Former CCI president criticizes petrol, diesel hike
5/23/2018 10:41:07 PM
Early Times Report

JAMMU, May 23 : Former President Chamber of Commerce and Industry Jammu YV Sharma lambasted the Modi government on its policy for the price of Petrol and diesel.
Sharma stated that BJP has its government at the centre and in almost 20 States in the Country. Claiming to have transparency in its policies, the Modi Govt. is indulging in organized and surreptitious loot in oil prices. There is huge hue and cry in the country but the central Govt. is issuing ambiguous statements from time to time. The Union Govt. and BJP ruled State governments extorted huge amounts in the form of excise duty and VAT. They have deliberately not brought petroleum prices under the purview of GST. The result is that the prices of Petrol in some States have crossed Rs85 per liter and that of Diesel Rs 75/lit. The Govt. fails to understand that the oil is the back bone of our economy and it affects the price of every commodity. It is a paradox that the prices of Oil in our country are 30 to 40 percent more than many countries of the world. Sharma demanded that the Oil prices should immediately brought under GST regime.
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