INCREASING PETROL, DIESAL, LPG PRICES WILL BADLY COST THE RULING PARTY IN 3 STATES GOING TO POLLS

The highly over confident BJP led NDA and prime minister Narendra Modi n Amit Shah will have to face the extreme brunt of the people in the three states viz. Rajasthan, Madhya Pradesh and Chattisgarh in view of the highly increasing petrol, diesal and LPG prices and devaluation of the Indian rupee against the dollar in the international market to the all time low, resulting in subsequent inflation thus adversely affecting the Indian populace especially the farming sector, the middle and lower middle class of the country.

This is for the first time during the last seven decades that the prices of the petro products including the LPG have gone all time high despite the international prices of crude quite less as compared to the 135$ per barrel during Dr. Manmohan Singh’s tenure in the past.

On the one hand while the government led by BJP has levied over 11 lakh crore taxes on the common public during the last 4 years of its rule, on the other hand the ruling party’s supremo Amit Shah and PM Narendra Modi, despite increasing inflation n collosal uncontrollable price hike of petro products are still devising strategies of winning the 2019 election with a historic majority on its various achievement.

Today, shockingly the price of petrol has crossed Rs 80 in Delhi and reached Rs. 89 in Mumbai where as the diesal has crossed Rs. 73 with LPG costing Rs 800 or more per cylinder.

The ever rising prices of fuel has triggered anger and annoyance all over the country with the BJP led NDA government expressng its inability to control the prices saying that the increasing price rise trends were due to the international factors beyond its control.

The Congress led non BJP opposition parties have given a clarion call for a national Bandh on Monday, the 10th September against the centre’s anti people move.

In view of the increasing diesal the farmers of the country are the worst sufferers including the commoners as increase in diesal prices results in collateral enhancement in the transport costs of trucks etc ferrying the essential commodities further doubling their costs thus putting an additional inflationery burden on the people who are already reeling under inflationary crisis.

On the one hand the government talks of the increasing growth rate and enhancing the minimum support price of crops,  on the other hand it burdens the people of the country, especially the farmers by enhancing exponentially the prices of fuel which is the basis for increasing inflation.

The government is levying high taxes on petro products and is not bringing the petroleum products under the GST’s jurisdiction or framework which would have definitely brought down the prices of petrol, diesal and LPG to a great extent and simultaneously accorded relief to the people of the country say the opposition leaders.

It may be recalled that despite the cumulative demand of the entire opposition and the people of the country, the BJP led government had been totally non committal on calls to cut taxes on petroleum products.

The central government currently levies the total exices duty of Rs  20  on a single litre of petrol and Rs. 15.33 on a litre of diesal.

It’s shocking to note that between the period of November 2014 to January 2016, the union government has raised excise duty on petrol by Rs. 12 a litre and Rs. 13.47 on diesal to compensate with the international rising crude prices.

But the people of the country are asking that how come, when during the Congress regime led by Dr. Manmohan Singh when the global crude price per barrel was 135$, the prices of petrol per litre were 60 or little above and how is it that now when the international prices of crude are nearly 90 or less dollar per barrel, the prices are touching sky high.

There is not an inkling of doubt that the graph of the ruling political dispensation has taken an immense downslide during the last two years after demonetisation, GST and now the increasing prices of petro products.

The RBI’s recent revelation about non reciept of black money through the PM’s revolutionery demonetisation exercise and returning back of 94 % of the running currency in the banks thus putting the countrymen to unnecessary trouble and inconvenience has also exposed the ruling party government of BJP to the hilt, thus bringing down its graph of credibilty with the already existing anti incumbency factors in the three states going to polls.

Let’s see how far the the non opposition Congress called Bharat bandh becomes successful? What’s your take friends?