PM Modi Denies Reports of Foreign Travel Tax Amid Oil Price Surge
'Not an iota of truth': PM Modi rubbishes reports of 'tax' on foreign travel amid oil price hike
Hindustan Times
Image: Hindustan Times
Prime Minister Narendra Modi has dismissed claims of a proposed tax on foreign travel, labeling them as 'false' amid rising oil prices linked to the West Asia crisis. The reports emerged as India faced its first fuel price hike in over four years, prompting concerns over economic pressures.
- 01PM Modi stated there is 'not an iota of truth' in claims about a foreign travel tax, emphasizing the government's commitment to improving living standards.
- 02The media outlet that reported the potential tax quickly retracted the story following Modi's denial.
- 03India imports over 85% of its crude oil, making it vulnerable to fluctuations in global oil prices.
- 04Modi urged citizens to conserve fuel and reconsider non-essential expenditures like foreign travel and gold purchases to strengthen the economy.
- 05The Prime Minister highlighted the need for self-reliance and proposed measures such as reducing edible oil consumption and promoting local products.
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Prime Minister Narendra Modi firmly rejected reports suggesting that the Indian government was considering a tax or surcharge on foreign travel in response to rising oil prices due to the ongoing crisis in West Asia. He described the claims as 'totally false' and stated there was 'not an iota of truth' in them. This denial came on the same day that petrol and diesel prices in India were raised for the first time in over four years, a move attributed to the surge in global crude oil prices amid geopolitical tensions. Following Modi's statement, the media outlet that published the initial report promptly withdrew it and issued an apology for the error. Modi also called on citizens to be mindful of fuel usage and to delay non-essential purchases, emphasizing the importance of conserving foreign exchange. He encouraged the adoption of practices such as natural farming and supporting domestic products to enhance self-reliance in the face of global economic challenges.
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The denial of the foreign travel tax alleviates concerns for travelers and may stabilize consumer sentiment amid rising fuel prices.
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