Hynñiewtrep Youth Council petitions CM on rise of fuel prices

Given the ongoing pandemic crisis, the HYC stated that the increased prices of fuels have a cascading effect on the prices of all items of daily use in the state
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SHILLONG:
The Hynñiewtrep Youth Council (HYC) have petitioned chief minister Conrad Sangma on the rising price of fuels in the state. Petrol fuel has crossed the three-digit mark, while diesel is now at ₹92.65 per litre.
In a letter addressed to the chief minister, the HYC pointed out that the factors that influence the rise in prices of fuels in the country and in the state are crude oil, freight, and processing charges to the dealer; excise duty by the Central Government; dealer’s commission to the gas station; and value-added tax levied by the state government.
Given the ongoing pandemic crisis, the HYC stated that the increased prices of fuels have a cascading effect on the prices of all items of daily use in the state.
“The rise in fuel prices is increasing transportation costs across the state and directly or indirectly affects the prices of essential commodities. Considering that almost every single commodity is transported by road to the state, transportation cost is embedded into all costs. This in turn will affect all the sections of the society especially the farmers,” HYC stated.
The HYC has requested the government to take up the issue with the appropriate authority in order to reduce the excise tax on humanitarian grounds.
“It is also requested that the state government should take a conscious decision to alleviate the suffering of the people by reducing the VAT on sale of petrol and diesel by 50 per cent,” the HYC said.

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