Categories: Chennai

Tamil Nadu Govt Must Cut VAT on Fuel: AIADMK

Chennai: against the middle background that cut Customs on fuel and several countries reduced VAT, AIADMK on Friday demanding that the Tamil Nadu government reduce the price of gasoline and diesel by cutting PPN each RS 2 liters and Rs 4 liters.
In August, the DMK government cut gasoline prices by Rs 3 per liter.
In a statement, the AIADMK Coordinator O Panneerselvam said the price of gasoline and diesel reached Rs 106.76 and Rs 102.69 on November 11 and several countries saw prices exceeding the 100-mark RS which resulted in countless inflation and difficulties person.
“The trade union government has reduced customs for gasoline and diesel each at Rs 5 and Rs 10 in Diwali to check inflation and encourage the agriculture, manufacturing and service sectors that make progress after falling in a positive Covid case.
Following this, the price of gasoline and Diesel now stands at Rs 101.40 and Rs 91.43 in Chennai.
This is truly a welcome step, “said the AIADMK leader.
Countries such as Assam, Gujarat, Haryana, Karnataka, Tripura, Manipur, Sikkim, in addition to Goa and the Puducherry Government reduces VAT of Rs 7 per liter.
Uttarakhand, Bihar, Arunachal Pradesh, Madhya Pradesh and Odisha also cut prices.
The silence of the Tamil Nadu government about reducing prices caused dissatisfaction among people, Panneerselvam said, it added that there was hope among people to see VAT on fuel cuts by Rs 7 per liter, which would also cause significant reduction of significant prices of commodities .
In a statement, the coordinator with the party Edappadi K Palaniswami said the state government must reduce fuel prices and release gem loans in nationalized and commercial national banks in accordance with the powerful DMK election manifesto.
He said the state must take an assessment of plants standing affected due to rain and announce compensation for the loss.
The government must also improve credit facilities in the cooperation institution to provide plant loans to all members, the former Main Minister said.

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