State govt: Balancing between guarantees and price hike
Although the state government has limited options for resource mobilisation, tightening the screws too much on the citizens could be counterproductive. At the scheme’s launch in August last year in Mysuru, Congress leader Rahul Gandhi stated that during his “Bharat Jodo yatra” in the state, thousands of women expressed concerns about inflation. Justifying its decision to hike fuel prices, the government maintains that it is committed to balanced and responsible governance and the VAT adjustment ensures funding for essential public services and development projects. The government contends that despite increasing VAT on petrol to 29.84% and on diesel to 18.44%, the state’s taxes on fuel remain lower than most South Indian states, and the diesel prices in Karnataka are lower than in Gujarat and Madhya Pradesh, the BJP-ruled states. While the timing of the fuel price hike — immediately after the Lok Sabha polls — raised many eyebrows, the state government is also contemplating revising the water tariff, which was not done in the last 10 years.
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