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Highlighting
the measures taken by the state government to help people cope
up with the situation, Modi said it was decided to cut VAT on
LPG cylinders by three per cent making them cheaper by Rs 10.
"The
cut in VAT on LPG cylinders, petrol and diesel would cost the
state exchequer Rs 150 crore annually," he said.
Holding
RJD supremo partly responsible for the price rise of petroleum
products as he was also part of the UPA, Modi further alleged
that Prasad had misused his position for personal gains and
never bothered for the people of the country.
"The
weak financial management and shortsightedness on the
decisions on economic affairs by the UPA government led by
Manmohan Singh led to skyrocketing prices of essential
commodities," he said in a press statement.
"Bihar's
NDA Government has tried to control the situation by reducing
sale taxes on petroleum products," Modi said.
Earlier,
in a bid to cushion the consumers against the hike in petrol
and diesel prices, the state government promulgated an
ordinance on June five reducing the sales tax on the two
commodities by 2.5 and 1.64 per cent respectively, he said.
While
the sales tax on petrol has been reduced from 27 per cent to
24.5 per cent, that on ordinary and high speed diesel it has
been lowered from 20 per cent to 18.36 per cent, he added.
Source
: Hindu - Chennai, India, dated 15/06/2008
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