My words on guarantee schemes have been distorted, says CM’s Financial Advisor Basavaraj Rayareddy
Koppal: Financial advisor to the Chief Minister and Koppal MLA Basavaraj Rayareddy has taken objection to media houses allegedly misquoting him while reporting on his statement in relation to guarantee schemes.
Rayareddy, who inaugurated the girls’ high school in Hirevenkalagunta village in Yalaburga taluk on Monday, clarified that he had never commented on stopping the guarantee schemes. “There is no shortage of funds for the government to do so. The party has not demeaned my stature. If I am made the Finance Minister, I will ensure that more guarantee schemes are implemented. Men too will be provided free transport in state buses,” the legislator said.
On an earlier occasion, the MLA was inaugurating classrooms in Ryavanaki village of Kukanoor taluk when people from the audience are said to have approached him and complained that the government had failed to provide the village a road although it continued to provide the Gruha Laxmi funds to women.
In response, Rayareddy reportedly told the villagers to refuse all guarantee schemes and ask the government to build a road with the funds reserved for the schemes. He is also learned to have told the villagers that if they did so, he would speak up for them before the CM.
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TN CM Vijay calls fuel price hike ‘unacceptable’, seeks rollback
Chennai (PTI): Tamil Nadu Chief Minister C Joseph Vijay on Friday slammed the increase of Rs 3 per litre in petrol and diesel prices, calling it "unacceptable", and demanded its immediate rollback, claiming the revision would affect various sections of society.
He said oil marketing companies do not reduce prices in line with global crude price trends and "take the profits".
"Union government oil marketing companies have increased the price of petrol and diesel by Rs 3 per litre. This is not acceptable," Vijay said in a statement.
The hike has been effected after the "five-state polls" (four states and one union territory), he added.
This price rise will largely affect the income of the poor and middle class using two-wheelers and small vehicles, as well as others dependent on vehicles for their livelihood, the CM said.
It will ultimately result in an increase in the prices of daily commodities and also "affect the purchasing power of the poor," he added.
Citing the chain effect of the price revision, such as increased input costs for small units, he said it could lead to a "slowdown" in the market and exports.
"Therefore, I urge the union government to immediately roll back the price hike that will affect the poor and middle-class people and SMEs," Vijay added.
Global crude oil prices have surged more than 50 per cent since US-Israeli strikes on Iran on February 28 and Tehran’s subsequent retaliation, which disrupted energy flows through the Strait of Hormuz, a key artery for global oil shipments.
Petrol and diesel prices are now at their highest level since May 2022.
