Business Standard

Govt to decide on petrol tax cut after reviewing state's economy: Bommai

Karnataka CM said the government will decide on reducing the petrol price, by effecting a tax cut, after the review.

Basavaraj Bommai, Karnataka CM

Press Trust of India Hubballi (K'taka)
Karnataka Chief Minister Basavaraj Bommai on Sunday said that the government will decide on reducing the petrol price by effecting a tax cut, after reviewing the state's economy.
"I have already said, it is dependent on the economy, after the by-polls I will review the economy, at that time if the economy has improved, there is opportunity for it," Bommai, who also holds the Finance portfolio said in response to a question whether there is any proposal to reduce taxes on petrol in Karnataka.
Sindagi and Hangal Assembly constituencies in the state will go for by-polls on October 30, and the counting of votes will take place on November 2.
Stating that he will begin his campaigning for the by-polls from Hangal today, the Chief Minster said, he will give more time and campaigning in both Hangal and Sindagi, and expressed confidence that the BJP candidates will win in both seats with a huge margin.
The by-elections have been necessitated as the seats fell vacant following the death of Sindagi JD(S) legislator M C Managuli and BJP's C M Udasi from Hangal.
While Ramesh Bhusanur, who came second behind Managuli in 2018 polls, is the BJP candidate from Sindagi, Shivaraj Sajjanar is its candidate from Hangal constituency.
This is the first electoral challenge for Bommai after taking charge as the Chief Minister. Retaining Hangal is even more important for him as it is the neighbouring constituency to his Shiggaon Assembly segment.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 17 2021 | 11:22 AM IST

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