Poll wins gave government license to loot: Cong hits price hikes | Latest India News
Election victories for the Bharatiya Janata Party (BJP) have become a license for the government to plunder the people, the Congress said on Saturday, pointing to price hikes of various commodities which have now become a “daily occurrence”.
“The Modi government’s mantra now is that election victory is a license to plunder,” Congress spokesman Randeep Surjewala told a press conference. “The diktat of the cruel, heavy and crushing price hike imposed by the Modi government from April 1 has shattered the budget of every household in India.”
Rising prices are the biggest challenge facing people in the country.
Surjewala’s remarks come on a day when different parts of the country are celebrating the New Year. The President of Congress said that the Center’s gift to all these regions is the financial burden due to rising prices
Citing that the prices of diammonium phosphate and nitrogen, phosphorus and potassium fertilizers have been increased by ₹150 and ₹110 per bag, respectively, Surjewala accused the government of “seeking revenge against Indian annadata for kisan aandolan”, referring to recent farmer protests.
Over the past eight years of BJP rule, commercial LPG cylinder has seen a massive price hike from ₹845, he said.
“The Modi government did not even spare the patients. The National Pharmaceutical Pricing Authority (NPPA) announced a 10.76% increase in the prices of around 800 essential medicines from April 1. Common drugs like paracetamol, azithromycin, ciprofloxacin, metronidazole and others used for covid-19 care, heart disease, pressure, anemia, skin disease, minerals, vitamins range all increase. According to industry estimates, this will weigh on the ordinary consumer by ₹10,000 crore,” Surjewala said.
Citing that housing prices and construction costs increased by 15% in April due to rising cost of materials such as steel, cement, bricks, copper, sanitaryware, wood, Surjwala said declared that buying a house had become a mirage for the working class. .
The Congress spokesman also spoke about the removal of tax loan deductions, tax on the provident fund account, increased fine for not linking Aadhaar to the PAN and increased prices of televisions, air conditioners, refrigerators, LEDs and mobile phones.
“There is not a single sphere of a citizen’s life where prices have not risen,” he said.
The current inflation rate is 6.07% and the government has successfully managed post-Covid inflation rates, BJP spokesman Gopal Krishna Agarwal said.
“If you look at the average tax rates in the days of the UPA (United Progressive Alliance), they were around 25-30%. Right now it’s been reduced to 11.6%. So corporate tax and excise tax have been reduced, but still the collection is greater.So if the government is to work for the welfare of the people, the recovery of the economy, the Post-Covid fiscal stimulus, all of these things require resources. Government efforts in these areas translate into the rapid recovery of our economy,” he added.