Nine poll promises which indeed added to Jagan’s ‘one chance’ formula now turned a bane for the common man in Andhra Pradesh. Keeping up the promises, Jagan-led government in phased manner kept fulling all the poll promises but at what cost..?
Hours after the Jagan government launched ‘YSR Aasara’, under which Rs 27,168.83 crores of bank loans were dispersed to 87,74,674 women members belonging to 8,71,302 self-help groups, it has dropped a bombshell on Saturday.
The government official statement issued by the state ministry of industry and commerce, the state government has raised Value-Added Tax (VAT) on natural gas from the current 14.5 per cent to a whopping 24.5 per cent. In other words, if you were to pay a tax of Rs 14.5 per Rs 100 rupees, now the rate has been increased to Rs 24.5.
In defence of its move, Jagan and team claimed that the pandemic crisis and various welfare schemes turned into a burden to state treasury forcing it to take the hike decision. In the of which, the prices of cooking gas will increase in the coming days. z
Further, the YSRCP government also announced that the VAT on crude oil has been hiked by 5 per cent, 31 per cent on petrol and 22.5 per cent on diesel.