'Majority of Indians cutting expenses to cope with high fuel prices'

Agencies
February 22, 2021

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New Delhi, Feb 22: As petrol and diesel prices soar to record high levels, and petrol nearing the Rs 100 mark across metro cities, around 51 per cent Indians are cutting on their other expenses to manage their spending on fuel prices, showed a survey by Local Circles.

Around 21 per cent of the respondents to the survey said that they are "cutting spending on essentials and it is painful" for them. Another 14 per cent are dipping into savings to pay for it.

The survey showed that around 43 per cent of respondents said that their monthly petrol or diesel bills were lower due to limited commute or work from home among other factors. Another 2 per cent reported no spending on the fuels.

On the question of what the respondents want their state governments to do for lowering the fuel prices, 32 per cent said that the government should levy an absolute value of the value added tax (VAT) instead of a percentage of the base price, and 47 per cent said the rate of VAT should be reduced.

There were, however, 8 per cent of consumers who said that the current VAT model is "fine".

The poll showed that 79 per cent of the citizens want their state governments to take action against rising petrol and diesel prices, either by lowering the VAT or levying an absolute value of the tax. Levy of an absolute VAT instead of a percentage VAT on the base price can help keep the prices relatively lower even if base price of petrol and diesel rises in the coming months.

The survey by LocalCircles to understand how Indians are coping with the skyrocketing rise of petrol and diesel prices in the last 12 months received more than 22,000 responses from citizens located in more than 291 districts of the country.

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News Network
March 1,2025

In a move to strengthen the presence of Kannada in industrial and consumer markets, the Karnataka government has made it mandatory for all products manufactured within the state to display their names and usage instructions in Kannada, alongside any other languages.

The directive was formalized through a government circular issued on February 15, extending the requirement to both public and private sector manufacturers, the report added.

Enforcement officers designated under the Kannada Language Comprehensive Development Act, 2022, have been tasked with monitoring compliance.

The government emphasized that language is a reflection of a region’s cultural identity and that Kannada must be actively integrated into production, marketing, and business activities for it to thrive. The circular reiterated that the Act, implemented from March 12, 2024, aims to enhance employment and business opportunities for Kannadigas while ensuring the widespread use of Kannada in daily life.

As per Section 17(7) of the Act, manufacturers selling products within Karnataka must, wherever possible, ensure that product names and instructions are printed in Kannada along with any other language if needed.

This directive comes at a time when debates over language policies are intensifying in Karnataka. Recent discussions around local job quotas and the prominence of Kannada in government and corporate sectors have added to the ongoing discourse on linguistic identity in the state.

On the occasion of Kannada Rajyotsava Day, Karnataka Chief Minister Siddaramaiah had announced that the state government would take steps to ensure Kannada language labels on products manufactured in Karnataka.

Speaking at an event honoring the 69 recipients of this year’s Rajyotsava awards, Siddaramaiah emphasized the importance of creating an environment that encourages the daily use and learning of Kannada.

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News Network
March 1,2025

The Trump administration has given the go-ahead for a nearly $3 billion arms sale to Israel, sidestepping the standard congressional review process to expedite the delivery of 2,000-pound bombs widely used by the Israeli military in its ongoing onslaught in the Gaza Strip.

In a series of notifications sent to Congress on Friday, the State Department has reported it has approved the sale of more than 35,500 MK 84 and BLU-117 bombs and 4,000 Predator warheads worth $2.04 billion to Israel.

Secretary of State Marco Rubio “has determined and provided detailed justification that an emergency exists that requires the immediate sale to the Government of Israel of the above defense articles and defense services in the national security interests of the United States, thereby waiving the Congressional review requirements,” the department said.

Deliveries are set to begin next year, it said.

According to the same statement, Rubio has also approved another munitions sale to Israel worth $675.7 million to be delivered starting in 2028.

The Israeli regime has extensively used the MK 84, also known as the 2,000-pound bomb, in its genocidal wars against the people of Lebanon and Palestine, including the assassination of top Hamas and Hezbollah leaders.

Last May, the previous US administration attempted to curb Israel’s military aggression in Rafah, a city in southern Gaza, by imposing a temporary ban on the sale of 2,000-pound bombs.

This effort, however, proved futile in halting the invasion, as the US continued to supply other weapons to the Israeli regime.

On February 25, Trump’s National Security Adviser, Michael Waltz, rescinded the ban to allow the State Department to resume the sale of the bombs to the regime.

The State Department has also approved the sale of Caterpillar D9 Bulldozers and related equipment for an estimated cost of $295 million to Israel.

The Israeli regime has used D9 bulldozers to demolish thousands of Palestinian homes in the occupied West Bank and Gaza.

The Office of the UN High Commissioner on Human Rights has advised Caterpillar Inc. that by supplying the bulldozers to the regime, it is complicit in human rights violations.

D9 has been involved in several incidents of civilian deaths, including in 2023 when it was used against the refugees sheltering outside the Kamal Adwan Hospital.

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Agencies
March 5,2025

In a sharp retort to US President Donald Trump's reciprocal tariffs charge, the Chinese embassy in the US said Beijing is ready to "fight till the end" in any type of war the US wants. "If war is what the US wants, be it a tariff war, a trade war or any other type of war, we're ready to fight till the end," the Chinese embassy's official handle posted on X after Trump's explosive remarks in a joint session at Congress.

Trump said other countries have used tariffs against the US for decades. "Now it's our turn to start using them against those other countries. On average, the European Union, China, Brazil, India, Mexico and Canada. Have you heard of them? And countless other nations charge us tremendously higher tariffs than we charge them. It's very unfair. India charges us auto tariffs higher than 100%. China's average tariff on our products is twice what we charge them. And South Korea's average tariff is four times higher," he said.

"This is happening by friend and foe. This system is not fair to the United States and never was... That's reciprocal back and forth. Whatever they tax us, we will tax them," he said.

Trump has increased previously imposed 10 per cent levies on Chinese goods to 20 per cent. China has filed a complaint with the World Trade Organization against the US.

"The United States' unilateral tax measures seriously violate WTO rules and undermine the foundation of China-US economic and trade cooperation," Beijing's commerce ministry said in a statement.

While imposing the tariffs, Trump accused China of not doing enough to halt the trafficking of fentanyl and other highly potent opioids into the US.

The Chinese Foreign Ministry has contested this. "The fentanyl issue is a flimsy excuse to raise US tariffs on Chinese imports. The US, not anyone else, is responsible for the #FentanylCrisis inside the US. In the spirit of humanity and goodwill towards the American people, we have taken robust steps to assist the US in dealing with the issue. Instead of recognizing our efforts, the US has sought to smear and shift blame to China, and is seeking to pressure and blackmail China with tariff hikes," it said in a statement.

"They've been PUNISHING us for helping them. This is not going to solve the US's problem and will undermine our counternarcotics dialogue and cooperation. Intimidation does not scare us. Bullying does not work on us. Pressuring, coercion or threats are not the right way of dealing with China. Anyone using maximum pressure on China is picking the wrong guy and miscalculating. If the US truly wants to solve the fentanyl issue, then the right thing to do is to consult with China by treating each other as equals," it added.

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