Rajya Sabha

December 19, 2014

Pass on the benefit of fuel price reduction to the common man: D Bandyopadhyay | Transcript

Pass on the benefit of fuel price reduction to the common man: D Bandyopadhyay | Transcript

Trinamool MP Debabrata Bandyopadhyay today spoke in the Rajya Sabha during a discussion on The Appropriation Bill, 2014. He requested the government to pass on the benefit of fuel price reduction to the consumers.

Full transcript of his speech:

In a market economy, when international prices go down, our petroleum and other fuel prices also go down. Then, why does the Government always enhance the Excise Duty and thereby does not allow the benefit to be passed on to the consumers? That is my short point.

If the prices go up, you increase the price, if the prices go down, you want to cap it. I do not like this. I request the Hon’ble Finance Minister, through you, to withdraw the Excise Duty and request the Government to pass on the benefits to the consumers.