Kerala Finance Minister K N Balagopal Statement On Fuel Prices near rajahmundry, andhra pradesh

Kerala Finance Minister K N Balagopal’s Statement On Fuel Prices

Kerala Finance Minister K N Balagopal Statement On Fuel Prices near rajahmundry, andhra pradesh. The Finance Minister said that the state can not decrease fuel taxes in the same way as the central government. The decrement would put a big burden on the government, which is already saddled with massive debt. This was criticised by both the Congress-led UDF and the BJP. While speaking to reporters, the state finance minister stated that the Centre’s move was merely a “face-saving measure”. It resulted in an additional reduction in petrol and diesel prices of between Rs 1.5 and Rs 2.5. 

According to Balagopal, this has resulted in a reduction; of roughly Rs 6 and Rs 12 in fuel and diesel prices in Kerala. However, because the Kerala government and its different entities. Such as KSRTC, are under enormous strain as a result of rising gasoline prices. The state cannot lower taxes in the same way as the federal government.

Near rajahmundry, andhra pradesh

The minister went on to say that the state government has also introduced various financial relief packages. These packages are to ease the burden of those affected by COVID-19 and recent disasters. K Surendran, the BJP’s Kerala state president, responded to the minister’s statement. He called the Pinarayi Vijayan-led government “heartless, lacking in sincerity, and anti-people” for refusing to lower petrol rates.

V D Satheesan, the state Assembly’s Leader of Opposition, also criticised the Left government. But the Kerala government is “arrogantly refusing to reduce every cent”. He added that this stance is “heartless, lacking in sincerity, and anti-people.” He claimed that the state Finance Minister and Chief Minister’s hearts had turned to stone because they were unaffected by the plight of ordinary people.

Kerala Finance Minister K N Balagopal Statement On Fuel Prices near rajahmundry, andhra pradesh.