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India does not deserve good facilities!! Watch this video: A young man is abusing the govt because an Electric Rickshaw is charging 50 Rupees and it does not move untill the rickshaw is full. During UPA - People including Disabled and Senior citizens were forced to use stairs and...

37,788 Aufrufe • vor 26 Tagen •via X (Twitter)

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🚨🚨The govt’s move to reduce excise duty on petrol and diesel will NOT reduce the price of fuel for you. Wait for elections to get over! ▪️It has NOT been done to benefit the consumer ▪️It has been done to cushion the oil marketing companies like IOC, HPCL & BPCL ▪️Amidst rising global oil prices and supply disruptions the under recoveries of oil marketing companies were rising and margins were under pressure ▪️The govt has decided to take a hit on its own exchequer to maintain financial health of OMCs ▪️In the last 12 years the Modi govt has raised excise duty on petrol and diesel 14 times, and mostly under special and additional category and cess which is not shared with the states ▪️These repeated excise duty hikes boosted central government revenue from petroleum products to by Rs 39,000,000,000,000 (Rs 39 lakh crore) ▪️Excise duties under UPA Diesel: Rs 3.56/ litre Petrol: Rs 9.48/ litre ▪️Under Modi govt peak excise duty Diesel: Rs 31.83/ litre, ⬆️ 800% Petrol: Rs 32.98/ litre, ⬆️250% ▪️The govt did NOT pass benefits to consumers even when price of global crude came down significantly, it instead filled its own exchequer. ▪️This move to cushion the oil marketing companies is similar to oil bonds that the BJP so vehemently criticises 👉This revenue sacrifice via excise cuts is being done to shield OMCs and prevent sharp spike in prices - exactly what oil bonds did! 👉One will have to see what the govt dos when elections are over in the 5 states. Knowing their track record bare up for higher prices

Supriya Shrinate

38,023 Aufrufe • vor 5 Monaten