With the Russian war on Ukraine and the resultant skyrocketing of crude prices, all analysts are talking of the expected increase in petrol prices. As they say public memory is short. For the past couple of years, while crude prices were falling, the central and state governments jumped at the opportunity to add on taxes on petrol and did not pass on the cost reductions to the common man, but were busy filling their coffers. It is high time that both state and central government, lift these tax levies on petrol to cushion the increase in price of crude. Failure to do so will severely impact the economy and crush the common man, already reeling under the effects of inflation.
Paul Pereira, Velim
