Discover the reasons behind the recent fuel price hike in Karnataka and the political responses. Find out how it impacts the common man!
The recent fuel price hike in Karnataka has stirred up a storm of controversy, with the Congress government justifying the increase to fund guarantee schemes and development projects. State Minister defends the decision, citing the need for additional revenue. Petrol prices have surged by โน3 per litre in Bengaluru, impacting the daily expenses of citizens.
The Karnataka government has raised the sales tax on petrol by 3.92 percentage points and on diesel by 4.1 percentage points. This move has faced backlash from opposition parties, including BJP, who have labeled it as a burden on the people. The state's decision to hike fuel prices has created a heated debate on the financial management of public resources.
Amidst the uproar, Karnataka Chief Minister Siddaramaiah has stood firm in defense of the fuel price hike. He assured that the increased revenue will be allocated towards essential services and developmental projects, emphasizing the long-term benefits it would bring to the state. The political tension surrounding the issue continues as protests and disagreements intensify.
In a surprising turn of events, Karnataka's petrol and diesel prices remain lower than in states like Maharashtra and Gujarat, despite the recent VAT adjustments. This contrast in fuel pricing strategies between states highlights the complex dynamics of taxation policies in different regions. Additionally, the state government's move to increase petrol and diesel prices signifies a growing focus on generating internal resources to support Karnataka's economic growth and welfare schemes.
Karnataka State Minister justifies fuel price hike to support guarantee schemes and development projects. Petrol prices in Bengaluru up by โน3 per litre, ...
The Karnataka government has hiked sales tax on petrol by 3.92 percentage points, from 25.92 to 29.84 per cent. On diesel, the hike is 4.1 percentage points ...
BJP has announced statewide protests and Union minister H D Kumaraswamy of the JD(S) said the hike was effected to finance the Congress government's ...
Karnataka Chief Minister Siddaramaiah defended the recent petrol and diesel price hike, arguing it would secure funding for essential services and ...
Karnataka CM Siddaramaiah justifies the recent VAT hike on petrol and diesel, stating Karnataka's fuel prices remain lower than in Maharashtra, Gujarat, ...
The state government has revised the sales tax levied on petrol and diesel, which now stands at 29.84 per cent and 18.44 per cent respectively.
The Chief Minister's defence was that Karnataka's VAT adjustment ensures the funding of essential public services and development projects.
Fuel price in India: The Karnataka state government hiked the sales tax on petrol from 25.92 per cent to 29.84 per cent, while the tax on diesel rose from ...
NEW DELHI: The Karnataka government's announcement of hike in petrol and diesel prices by Rs 3 per litre and Rs 3.
Karnataka Chief Minister Siddaramaiah denies fuel tax increase due to election results, highlighting lower prices in Karnataka compared to other states.
Hardeep Singh Puri compared the fuel prices in Karnataka with those in other BJP-ruled states and claimed that the prices are lower in BJP-ruled states.
Bengaluru: Taking a strong exception to the state government hiking the fuel prices, Karnataka BJP announced that it will hold statewide protests on Monday, ...
Karnataka Fuel Price: The Congress-ruled Karnataka government's move to raise local tax on auto fuels pushed petrol prices above Rs 100 a litre and diesel ...
Karnataka Petrol Diesel Price Hike: Other states with over Rs 100-a-litre petrol are Odisha (Rs 101.04 a litre in Bhubaneswar), Tamil Nadu (Rs 100.73 in ...
Fuel Price Hike: Petrol prices have gone up by Rs 3 per litre and diesel by Rs 3.5 per litre.
BJP State president B. Y. Vijayendra described the hike in petroleum prices as 'stupid and anti-people'.
The opposition BJP in Karnataka on Monday staged a statewide demonstration against the hike in petrol and diesel prices. The Karnataka Government on ...
The BJP protested the increase in sales tax on petrol and diesel, while Siddaramaiah said the Centre's actions made it inevitable.
MB Bhanuprakash, a senior BJP leader and former MLC, died of a cardiac arrest on Monday, during a protest by the party against the hike in petrol and diesel ...
The Union Minister HD Kumaraswamy's remark came as petrol prices have gone up by Rs 3 per litre and diesel by Rs 3.5 per litre in Karnataka.