Karnataka Hikes Fuel Prices: Middle Class Hit Again?

  • 3:50
  • Published On: June 16, 2024
Cinema View
Embed

Days after Karnataka Chief Minister Siddaramaiah held a meeting of various revenue-generating departments, the Congress government has issued a notification hiking sales tax on petrol and diesel in the state. As a result, petrol and diesel prices have gone up by Rs 3 and Rs 3.5, respectively. Lower-income households spend more of their budgets on transportation (and other necessities) than higher earners, according to economists, so this is clearly a problem for the middle class and the poor. 

According to official sources, petrol will now go up by Rs. 3 and diesel by Rs. 3.5 per litre. In a notification issued by the Finance Department, the government has hiked sales tax on petrol by 3.92 percentage points, from 25.92 to 29.84 per cent.


 

Related Videos

BJP's Cycle Protest Against Fuel Price Hike In Karnataka
June 20, 2024 18:24
Fuel, Milk Price Hike: Is This Scapegoating The Middle Class?
June 17, 2024 14:18
Price Hike: Is This Easy Way Out For Governments To Tackle Inflation?
June 17, 2024 26:19
BJP Vs Congress Over Karnataka Fuel Price Hike
June 17, 2024 8:54
"Absurd": Hardeep Puri On Karnataka's Claim After Petrol Hike
June 17, 2024 3:58
Petrol, Diesel To Be Costlier In Karnataka After Hike In Sales Tax On Fuel
June 16, 2024 24:04
  • How To Clean Up The NEET Mess?
    July 12, 2024 52:32

    How To Clean Up The NEET Mess?

  • Watch: Baby Leopard Enters Gujarat University Lab, Rescued By Forest Officials
    July 12, 2024 0:22

    Watch: Baby Leopard Enters Gujarat University Lab, Rescued By Forest Officials

  • Maharashtra Legislative Council Poll: Did Cross-Voting Let Down MVA?
    July 12, 2024 25:12

    Maharashtra Legislative Council Poll: Did Cross-Voting Let Down MVA?

  • With Never Before Shown Night Strike Videos, How The IAF Hit Tiger Hill During Kargil
    July 12, 2024 4:03

    With Never Before Shown Night Strike Videos, How The IAF Hit Tiger Hill During Kargil

  • NDTV Special Report: Collapsing Roofs, No Teachers In Madhya Pradesh Schools
    July 12, 2024 4:27

    NDTV Special Report: Collapsing Roofs, No Teachers In Madhya Pradesh Schools

  • On Camera, SpiceJet Employee Slaps CISF Jawan At Jaipur Airport, Arrested
    July 12, 2024 2:37

    On Camera, SpiceJet Employee Slaps CISF Jawan At Jaipur Airport, Arrested

  • "Arvind Kejriwal Cannot...": What Supreme Court Said When Giving Bail
    July 12, 2024 2:32

    "Arvind Kejriwal Cannot...": What Supreme Court Said When Giving Bail

  • Defending India, With Vishnu Som | 'Zorawar' Tank And Kargil @25
    July 12, 2024 7:23

    Defending India, With Vishnu Som | 'Zorawar' Tank And Kargil @25

  • BJP, Allies Sweep Maharashtra Legislative Council Poll, Win 9 Of 11 Seats
    July 12, 2024 3:13

    BJP, Allies Sweep Maharashtra Legislative Council Poll, Win 9 Of 11 Seats

  • Mamata Banerjee's Jibe At PM Modi: 'Emergency Felt More Than Ever'
    July 12, 2024 1:20

    Mamata Banerjee's Jibe At PM Modi: 'Emergency Felt More Than Ever'

  • MUDA To Valmiki, Congress Braces For S Stormy Session In Karnataka
    July 12, 2024 10:26

    MUDA To Valmiki, Congress Braces For S Stormy Session In Karnataka

  • Not All Thumbs Up For <i>Indian 2</i> At Box Office
    July 12, 2024 6:29

    Not All Thumbs Up For Indian 2 At Box Office

  • Karnataka Says Can't Release Cauvery Water To Tamil Nadu, Again
    July 12, 2024 4:18

    Karnataka Says Can't Release Cauvery Water To Tamil Nadu, Again

  • Decoding Smart Cities Mission
    July 12, 2024 21:59

    Decoding Smart Cities Mission

  • "Maroon 5's Live Performance Was awful": 'Wild Wild Punjab' Actor Patralekhaa
    July 12, 2024 1:30

    "Maroon 5's Live Performance Was awful": 'Wild Wild Punjab' Actor Patralekhaa

  • Smart Cities Mission: Progress And Challenges
    July 12, 2024 9:10

    Smart Cities Mission: Progress And Challenges

  • Samarth By Hyundai Is A Remarkable Initiative: G20 Sherpa Amitabh Kant
    July 12, 2024 0:33

    Samarth By Hyundai Is A Remarkable Initiative: G20 Sherpa Amitabh Kant

  • Emergency Flashpoint: In Big Move, Government To Mark June 25 As 'Samvidhaan Hatya Diwas'
    July 12, 2024 15:46

    Emergency Flashpoint: In Big Move, Government To Mark June 25 As 'Samvidhaan Hatya Diwas'

  • After Narayana Murthy, Ola CEO Pitches For 70-Hour Work-Week: Productive Or Punishment?
    July 12, 2024 28:10

    After Narayana Murthy, Ola CEO Pitches For 70-Hour Work-Week: Productive Or Punishment?

  • 1 Dead As Falling Boulder Strikes Car In Sikkim Amid Monsoon
    July 12, 2024 0:42

    1 Dead As Falling Boulder Strikes Car In Sikkim Amid Monsoon

  • The Science Behind Handwashing
    July 12, 2024 3:33

    The Science Behind Handwashing

Our Offerings: NDTV
  • मध्य प्रदेश
  • राजस्थान
  • इंडिया
  • मराठी
  • 24X7
Choose Your Destination