News Flash
Reported: Vishal Mayur
Bengaluru : Chief Minister Siddaramaiah defended the hike in petrol and diesel taxes, citing statistics to demonstrate that despite the increase, fuel prices in Karnataka remain lower compared to BJP-ruled states and other southern states. Addressing the press at the Home Office Krishna on Monday, Siddaramaiah attributed the necessity of the tax hike to central government policies and unpaid state shares.
Siddaramaiah
criticized the Modi government for raising fuel prices since 2015, despite
global oil price reductions. He stated the Rs 3,000 crore from the VAT increase
on petrol and diesel would fund state welfare programs, refuting allegations of
funds mismanagement.
He accused
the previous BJP administration of misappropriating public funds, alleging that
40% of state scheme funds were siphoned into BJP leaders' pockets, totaling
approximately Rs 1.5 lakh crore. He questioned the moral authority of BJP to
protest against the marginal tax increase meant for public welfare.
He
highlighted Karnataka's Rs 60,000 crore spending on guarantee schemes
benefiting all sections, contrasting it with the Rs 3,000 crore revenue from
the fuel tax hike. He brushed off criticism from opposition leader R. Ashok,
accusing the BJP of misunderstanding the state's economic strategies and
priorities.
He criticized
the impact of GST on state finances, highlighting reduced autonomy in tax
collection under central government policies. He defended Karnataka's modest
tax increase, arguing that local fuel prices remain competitive. He accused the
BJP of neglecting Karnataka's interests, citing instances of withheld funds and
grants. Siddaramaiah also criticized the BJP for alleged anti-poor and
anti-Dalit stances, questioning their stance on economic stability and state
development issues.