Petrol price cut: Cabinet minister asks for 'bold step' to check petrol prices

June 3, 2012

vayalar

New Delhi, June 3: Union Minister Vayalar Ravi disapproved of the petrol price hike on Saturday, and suggested a "bold may be taken to reduce the recent increase". The state-run oil companies have announced a reduction of Rs. 2 per litre in petrol prices on Saturday, which became effective from midnight, after increasing the price by Rs.7.50 per litre On May 23.

Minister for Overseas Affairs Mr Ravi, in a letter to Petroleum Minister S Jaipal Reddy, questioned the claims of oil marketing companies that they are incurring huge losses and asked his cabinet colleague to scrutinise the issue in detail. (Read: Vaylar Ravi's letter to Petroleum Minister Jaipal Reddy)

"Apparently, the claim made by oil companies that they are running at a loss seems to be untrue. As a matter of fact, the expenditure of oil companies, including salaries, is among the highest in India and there is a perception that funds are being wasted," Mr Ravi said in the letter.

"In this backdrop, I feel a closer scrutiny is needed before deciding on any further increase in oil prices. Instead, a bold look may be taken at reducing the recent hike," he said.

He is the second Union Minister after Defence Minister A K Antony to have expressed unhappiness at the petrol price increase. Mr Antony had on Wednesday criticised the hike saying it was "not a correct step" and the oil companies should have shown some "propriety" before taking the decision.

Cutting across party lines, leaders have voiced their dissent over the recent petrol price hike. Nationwide protests by Opposition as well as some of the UPA allies, followed by NDA's strike on May 31 clearly put pressure on the government to act.

Even after the announcement, key UPA allies and the Opposition are not happy with the reduction in petrol prices by the state-run oil companies. Dubbing the Rs. two per litre cut in price as 'token', UPA ally Trinamool Congress as well as other opposition parties demanded a 'complete rollback' and said they would not settle for anything less.

Reacting to the state-run oil companies to reduce petrol price, Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee said, "I am not happy at the cut in petrol price by Rs. two per litre. It is not enough. It is still a burden on the common man. There should have been a total rollback of the hike."

Terming the reduction in prices as 'totally inadequate', CPI National Secretary D Raja also demanded the oil companies should go for a 'complete rollback' because they had effected "such an outrageously steep hike when international crude prices were declining".

Maintaining that the government's view that it did not have any role in the price fixation for petrol due to de-regulation was 'ridiculous', Mr Raja said the oil companies have been following the government diktats regularly. "Otherwise, why did they not raise the prices when Parliament was in session," said Mr Raja. He said the decision came two days after nationwide protests by Left and other parties.

CPI(M) Politbureau said the partial rollback was "unacceptable" and Left parties will continue their agitation for reversal of the price increase.

BJP spokesperson Rajiv Pratap Rudy also pressed for a 'total rollback' and wondered whether the hike of Rs. 6 per litre after the partial rollback was 'acceptable' to the UPA allies. "I want to know whether they (UPA allies) are worth this," Mr Rudy said. He said people of the country are not satisfied with the token rollback and will teach the UPA a "lesson in the coming days".

Tamil Nadu Chief Minister Jayalalithaa termed the partial rollback as an "eyewash" and demanded a complete rollback. In a statement, the AIADMK supremo said, "This small reduction will not soothe people's anger. It will continue to be a burden on poor and middle class".

She said the decision by the Congress-led UPA to reduce the hike by Rs. two reminded her of the Tamil proverb, "feeding popcorns to the hungry elephant." Recalling her earlier criticism, Ms Jayalalithaa said petrol prices were hiked, when people were already burdened by the price rise because of the Centre's "wrong economic policies."

Odisha Chief Minister Naveen Patnaik too dismissed the partial rollback as 'meaningless'. Mr Patnaik said, "We demand complete roll-back in the hike effected in the price of petrol by the central government recently."

BJD had observed a state-wide bandh on May 31 seeking complete roll-back of petrol price hike and party workers had hit the streets to press for the demand. Mr Patnaik too had participated in the demonstrations against the petrol price hike terming it as a burden on the common people.

However, leaders in Congress have heaved a sigh of relief after drawing flak from allies as well the Opposition over the steep hike in petrol prices earlier. "We are happy that the price of petrol has been reduced by Rs. 2.02 per litre. It will give relief to the common man. Our party has great concern for Aam Admi," party spokesperson Rashid Alvi said.

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News Network
April 20,2024

Union Finance Minister Nirmala Sitharaman, on Friday, said that the Bharatiya Janata Party (BJP) plans to reintroduce electoral bonds in some capacity following extensive consultations with all stakeholders, should it come back to power in the 2024 general elections, according to a report in the Hindustan Times (HT).

HT cited Nirmala Sitharam as saying, “We still have to do a lot of consultation with stakeholders and see what is it that we have to do to make or bring in a framework which will be acceptable to all, primarily retain the level of transparency and completely remove the possibility of black money entering into this.”

However, the Centre has not yet decided whether to seek a review of the ruling made by the Supreme Court (SC), she said.

She further added, “What the scheme, which has been just thrown out by the Supreme Court, brought in was transparency. What prevailed earlier was just free-for-all.”

Launched in 2018, electoral bonds were accessible for acquisition at any State Bank of India (SBI) branch. Contributions made through this programme by corporations and even foreign entities via Indian subsidiaries received full tax exemption, while the identities of the donors remained confidential, safeguarded by both the bank and the recipient political parties.

On February 15, a five-judge Constitution Bench struck down the scheme, deeming it ‘unconstitutional’ due to its complete anonymisation of contributions to political parties. Additionally, the Bench stated that the articulated objectives of curbing black money or illegal election financing did not warrant disproportionately infringing upon voters’ right to information.

FM Sitharaman said, some aspects of the scheme need improvement and they will be brought back following consultations.

She also lashed out at the Opposition’s claims that the BJP disregarded criminal charges against leaders who switched from other parties to join the ruling party.

The HT quoted her as saying, “The BJP can’t sit here and say, you come to my party today, and the case will be closed tomorrow. The case has to go through the courts that have to take a call; they will not just say, “Oh, he’s come to your party, close the case.” Doesn’t happen that way. So is this washing machine a term they want to use for the courts?”

She further said that the Union government plans to simplify the process of taxation and make it easy for investments to come through into the country.

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News Network
April 26,2024

evm.jpg

The Supreme Court of India on Friday, April 26, rejected pleas seeking 100% cross-verification of votes cast using EVMs with a Voter Verifiable Paper Audit Trail (VVPAT) and said “blindly distrusting” any aspect of the system can breed unwarranted scepticism.

A bench of Justices Sanjiv Khanna and Dipankar Datta delivered two concurring verdicts. It dismissed all the pleas in the matter, including those seeking to go back to ballot papers in elections.

An EVM comprises three units – the ballot unit, the control unit and the VVPAT. All three are embedded with microcontrollers with a burnt memory from the manufacturer. Currently, VVPATs are used in five booths per assembly constituency.

EVM VVPAT case: Supreme Court issues two directives

1.    Justice Khanna directed the Election Commission of India to seal and store units used to load symbols for 45 days after the symbols have been loaded to electronic voting machines in strong rooms.

2.    The Supreme Court also allowed engineers of the EVM manufacturers to verify the microcontroller of the machines after the declaration of the results at the request of candidates who stood second and third. The top court said the request for the verification of the microcontroller can be made within seven days of the declaration of the results after payment of fees.

Option for candidates to seek verification of EVM programmes

•    Candidates who secure second and third position in the results can request for the verification of burnt memory semicontroller in 5% of the EVMs per assembly segment in a Parliamentary constituency. The written request to be made within seven days of the declaration of the results.

•    *On receiving such a written request, the EVMs shall be checked and verified by a team of engineers from the manufacturer of the EVMs.

•    Candidates should identify the EVMs to be checked by a serial number of the polling booth.

•    Candidates and their representatives can be present at the time of the verification.

•    After verification, the district electoral officer should notify the authenticity of the burnt memory.

•    Expenses for the verification process, as notified by the ECI, should be borne by the candidate making the request.
What did the Supreme Court say?

•    "If EVM is found tampered during verification, fees paid by the candidates will be refunded," the bench said.

•    "While maintaining a balanced perspective is crucial in evaluating systems or institutions, blindly distrusting any aspect of the system can breed unwarranted scepticism...," Justice Datta said.

Who filed the petitions?

NGO Association for Democratic Reforms, one of the petitioners, had sought to reverse the poll panel's 2017 decision to replace the transparent glass on VVPAT machines with an opaque glass through which a voter can see the slip only when the light is on for seven seconds.

The petitioners have also sought the court's direction to revert to the old system of ballot papers.

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News Network
May 4,2024

canadaindia.jpg

Canadian Police said they have arrested three Indians they suspect were part of the alleged hit squad that had killed Hardeep Singh Nijjar, a Sikh separatist leader involved with the Khalistan movement, which calls for an independent Sikh state.

Nijjar's killing had become the epicentre of a diplomatic row between India and Canada last year after Prime Minister Justin Trudeau alleged the role of "Indian agents" in the murder. India had rejected the charge as "absurd" and "motivated".

The three arrested Indians - Karan Brar, 22, Kamalpreet Singh, 22, Karanpreet Singh, 28 - were living as non-permanent residents in Alberta for three to five years, said Superintendent Mandeep Mooker, who leads the Integrated Homicide Investigation Team. The police have also released their photos.

They have been charged with first-degree murder and conspiracy to commit murder, showed court documents.

Police said that none of the suspects were known to them earlier and they were investigating their possible ties to the Indian government.

The murder remains "very much under active investigation," Royal Canadian Mounted Police (RCMP) Assistant Commissioner David Teboul told a press conference on Friday.

"There are separate and distinct investigations ongoing into these matters, certainly not limited to the involvement of the people arrested today, and these efforts include investigating connections to the government of India," CTV News quoted him as saying.

Nijjar, a Canadian citizen who was wanted in India on various terror charges, was shot dead outside a gurdwara in Surrey on June 18, 2023. Trudeau's charge against India sparked a massive row later that year with both countries expelling diplomats of the other country.

A fresh row erupted earlier this week after separatist slogans on 'Khalistan' were raised at an event addressed by Trudeau, prompting New Delhi to summon their Deputy High Commissioner and lodge a strong protest.

On the sidelines of the event, Trudeau told reporters that Nijjar's killing had created a "problem" that he could not have ignored.

India rejected his comment and said it once again showed Canada provides political space given to separatism, extremism, and violence. "This not only impacts India-Canada relations but also encourages a climate of violence and criminality in Canada to the detriment of its own citizens," foreign ministry spokesperson Randhir Jaiswal said.

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