News Analysis India

Tag: FM

  • Petrol tax slashed, but you aren’t getting full relief

    Express News Service

    NEW DELHI:  Consumers were in for a shock on Sunday as the reduction in petrol prices thanks to the excise duty cut was lower than they had thought. Vehicle users in Delhi were expecting Rs 9.50 cut in petrol prices but the reduction was only Rs 8.69. Consumers in other cities also had to shell out more than expected. Reason: the state-owned oil marketing companies (OMCs) raised the base price of petrol overnight, which jacked up the net retail price.

    OMCs update the base price as and when backend crude and refining prices change. According to the price notification of OMCs, the oil companies increased the base price on petrol by 58 paise, making petrol almost Rs 1 dearer. Following the hike in base price, the petrol costs Rs 96.72 per litre in Delhi, instead of Rs 95.91 per litre. It means people in Delhi were paying 81 paise per litre more at petrol pumps. 

    Finance Minister Nirmala Sitharaman had on Saturday announced slashing the Central excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. She claimed it would reduce the price of petrol by Rs 9.5 per litre and of diesel by Rs 7 per litre in Delhi. 

    After confusion prevailed among consumers in Kerala on the real impact of the excise duty cut on fuel prices, the state’s finance minister K N Balagopal clarified that consumers in the state should have got a price reduction of Rs 10.41 following the 8 cut in excise duty and the Rs 2.41 reduction in state tax but the unexpected base price shrank the benefit to Rs 9.40. 

    Base price may be changed on a daily basis or less frequently as the OMCs prefer, said Gaurav Moda, India Energy Leader, EY. The final price comprises base price, central excise, dealers’ commission and state VAT. Some taxes are absolute (like Central excise), some are levied as a percentage of the base price. So, the exact price reduction may vary from state to state.

    There is no such issue in the case of diesel.

    ‘Price benefits could be wiped out in a month’ The benefits of the excise duty cut would be lost in a month if the Centre allows fuel prices to be hiked like this, warned Kerala finance minister K N Balagopal

  • Broadcasting of Lokvani today: Useful construction, public welfare infrastructure, your expectations will be focused on the topic

    The 15th episode of Bhupesh Baghel’s monthly radio talk Lokvani will air on Sunday, 14 February 2021. This time in Chief Minister Bhupesh Baghel Lokvani, he will talk to the people of the state on useful constructions, public infrastructure and your expectations. Broadcasting of Lokvani to all the stations of All India Radio in Chhattisgarh, F.M. Radio and regional news channels will air from 10.30 am to 11 am.

  • This time in Lokvani, there will be talk on the topic of ‘Useful Construction, Public Infrastructure, Your Expectations’

    This time in Bhupesh Baghel Lokvani, he will talk to the people of the state on the subject of “Useful Construction, Public Infrastructure, Your Expectations”. In this regard, any person can record their questions by calling on the telephone number 0771-2430501, 2430502, 2430503 of AIR Raipur between 27 to 28 January 29 between 3 and 4 pm. The 15th episode of Lokvani, the monthly radio talk of Chief Minister Bhupesh Baghel, will be broadcast on 14 February 2021. Lokvani will be broadcast from all stations of All India Radio, FM radio and regional news channels in Chhattisgarh from 10.30 am to 11 am.

  • This time in Lokvani, talks with youth

    This time in Chief Minister Bhupesh Baghel Lokvani will interact with the youth. In this regard, any person can record their questions by calling on the telephone number 0771-2430501, 2430502, 2430503 of Akashvani Raipur on 28, 29 and 30 December between 3 and 4 pm. The 14th episode of Lokvani, the monthly radio talk of Chief Minister Mr. Bhupesh Baghel, will be broadcast on 10 January 2021. Lokvani will be broadcast from 10.30 am to 11 am from all stations of All India Radio, FM radio and regional news channels in Chhattisgarh.

  • This time in Lokvani, there will be talk on ‘Chhattisgarh Government two-year term’

    This time in Chief Minister Mr. Bhupesh Baghel Lokvani, Chhattisgarh Government will talk to the people of the state on the subject of two-year term. In this regard, any person can record their questions by calling on the telephone number 0771-2430501, 2430502, 2430503 of AIR Raipur on 25, 26 and 27 November between 3 and 4 pm. The 13th episode of Lokvani, the monthly radio talk of Chief Minister Mr. Bhupesh Baghel, will be broadcast on 13 December. Lokvani will be broadcast from 10.30 am to 11 am from all radio stations, FM radio and regional news channels in All India Radio, Chhattisgarh.

  • Recording can be done in Lokvani by calling on 25, 26 and 27 November

    This time in Chhattisgarh government, Chief Minister Bhupesh Baghel Lokvani will talk to the people of the state on the subject of two-year term. In this regard, any person can record their questions by calling on the telephone number 0771-2430501, 2430502, 2430503 of AIR Raipur on 25, 26 and 27 November between 3 and 4 pm. The 13th episode of Lokvani, the monthly radio talk of Chief Minister Mr. Bhupesh Baghel, will be broadcast on 13 December. Lokvani will be broadcast from all stations of All India Radio, FM radio and regional news channels in Chhattisgarh from 10.30 am to 11 am.