Fuel Prices Surge in India: Telangana Hits ₹118 per Litre, Karnataka ₹110
Petrol prices touch Rs 118 per litre in Telangana, Rs 110 in Karnataka; BJP reminds Congress of high VAT
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Petrol prices in India have increased for the fourth time in two weeks, surpassing ₹110 per litre in several states, including ₹118 in Telangana and ₹110 in Karnataka. The Congress party criticizes the BJP government for these hikes, while the BJP blames state-imposed Value Added Tax for the price variations.
- 01Petrol prices have crossed ₹110 per litre in multiple states for the first time since India's independence, with Telangana at ₹118.3 and Karnataka at ₹110.3.
- 02Congress General Secretary Randeep Singh Surjewala accused the BJP of a 'fuel loot' affecting the common man, highlighting the economic burden on various demographics.
- 03BJP leader Amit Malviya stated that the central excise duty is uniform, and the state-imposed Value Added Tax (VAT) is responsible for price differences across states.
- 04The BJP claims that Congress-ruled states impose higher VAT, leading to higher fuel prices, while BJP-ruled states maintain lower prices through reduced VAT.
- 05The opposition has been criticized for hypocrisy regarding diesel prices, which are also higher in states governed by Congress and its allies.
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In India, petrol and diesel prices have risen for the fourth time in two weeks, with petrol exceeding ₹110 per litre in several states. Telangana has reached ₹118.3, while Karnataka's price stands at ₹110.3. The Congress party has condemned the Narendra Modi government for this increase, labeling it a 'fuel loot' that burdens the common man, particularly affecting salaried individuals, farmers, and small businesses. Congress General Secretary Randeep Singh Surjewala emphasized that this is the first time petrol prices have crossed ₹110 since independence, criticizing the government for exploiting citizens financially. In response, the BJP has pointed out that while central excise duties are consistent nationwide, the variation in fuel prices is primarily due to the Value Added Tax (VAT) imposed by state governments. BJP leader Amit Malviya accused Congress-ruled states of imposing high VAT, which contributes to the inflated prices, contrasting them with BJP-governed states that maintain lower prices through reduced VAT. This political exchange highlights the ongoing debate over fuel pricing and taxation in India.
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The rise in petrol prices directly affects consumers in Telangana and Karnataka, increasing transportation and living costs.
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