Jammu, January 01, 2022: – AICC Seva Dal Chief Shri Lal Ji Desai today hit out at the Modi Govt. for the increase in the GST rates on items of common use as a new year’s gift to the people and said that for the last seven years unprecedented price hike, high inflation rates with high unemployment rate are the hallmark of BJP Govt.
The House Arrest of former C.M. Farooq Abdullah, others unfortunate – JKPCC Chief
Addressing a press conference at PCC HQ today along with JKPCC Chief Shri G.A. Mir, Working President Raman Bhalla, Chief Spokesperson Ravinder Sharma, General Secretaries Yogesh Sawhney, and Manmohan Singh, Treasurer Rajnish Sharma, and JK Seva Dal Chief Vijay Sharma, Shri Lal Ji Desai expressed deep shock over the tragedy at holy Mata Vaishno Devi Ji and expressed deep sympathies with families of those killed and prayed for early recovery of the injured.
JKPCC Chief Shri G.A. Mir termed it as a result of the grave negligence on the part of the administration and management and demanded a high-level probe into the tragedy. He demanded adequate ex-gratia relief of R.s 50 Lac for the causality and 10 Lac to the seriously injured.
Two minutes of silence was also observed on the occasion.
The AICC Seva Dal Chief said that every New Year Day, we used to wish each other happiness and prosperity. However, have you ever thought about what our government is giving us on the new year for our happiness and prosperity? What are Modi Ji and his Government wishing for us? Like for the last seven years, this year also the gift given to the people of the country by the Modi government is – ‘Gift of Mahangai- Price Rise and Inflation’.
On the first day of 2022, Modi Government gave a New Year gift to all of us in the form of Inflation 2022. This new inflation is coupled with a consistently high unemployment rate above 7.5%+ during most of the year 2021.
Should we THANK YOU, MODI Ji, for this?
The inflationary pressure is mounting, with November 2021 WPI at 14.23%, which is at over 10 years high, and its impact is likely to be felt more imminently in the new year going ahead. As we usher in the new year, be prepared to spend more on basic items of daily use- what to say about goods of luxury.
From buying clothes and footwear to withdrawing our own money from ATMs is going to be expensive.
Clothes to get more expensive –
Finished goods such as apparel and textiles are set to get more expensive from January 1, 2022, with the Union government increasing the GST on such items from 5% to 12%. The GST rate on apparel costing up to Rs 1,000 per piece has been hiked from 5% to 12%. Also affected by the same hike are rates of textiles, including woven fabrics, synthetic yarn, blankets, tents, and accessories such as tablecloths or serviettes.
Due to the opposition of the Congress Party and the Congress-ruled states and fearing an impact on the elections in 5 states, this increase has now been postponed till February 28 in a hurry. This date may get extended by 1 month due to elections. It may be worth to note that the decision was not reversed- it was postponed. This tax will be imposed again on the people as soon as the elections are completed.
The impact of the above will translate into-
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- Over 15 lakh jobs in main and ancillary units would be lost because of raised GST and therefore unviable increased cost of production.
- Because the unorganized sector accounts for over 80% of fabric production in the country, raising the GST on fabrics to 12% will hurt power loom and handloom weavers’ business and employment.
- Due to extraordinary price increases in raw materials like yarn, packing materials, and freight, the market will likely experience a 15-20% price increase in clothing. Individuals who purchase clothing for less than Rs 1,000 will be the most affected.
- According to the garment industry, 85 percent of the clothes sold are priced below ₹ 1000.
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Footwear to get more expensive –
The GST rate on footwear (costing up to Rs 1,000 per pair) has also been hiked from 5% to 12%. One of the most frequently mentioned issues in the community is the high inflation, prices of vegetables, and FMCG essential goods that people buy, and now if GST rates are raised on the apparel and footwear sectors, it will further strain household budgets.
It is also worth noting that the incremental revenue for the Government may also be limited because many small businesses that were in the informal sector before GST may revert to their previous status. The imposition of high taxes has already created an atmosphere of uncertainty for consumers and manufacturers. One, therefore, wonders as to what is the logic behind this decision.
FMCG (Fast Moving Consumer Goods) Prices will increase by up to 10% –
The price of FMCG consumer goods will increase by 6 to 10%. Be it Dabur, Parle, Britannia, Marico or other companies, everyone is raising the prices of everything from biscuits to soap.
Withdrawing our own money from ATM will be expensive –
RBI has approved to increase the charge on cash withdrawal after free transactions. According to RBI, banks will charge Rs 21 from their customers after free transactions.
Booking Auto Rides Online to Cost More–
Be prepared for auto rickshaw rides booked through app aggregators like Ola and Uber to get costlier. The Government will levy a 5% GST on auto rides booked online from January 1, ending an existing exemption.
Buying a car or automobile will be expensive –
In the new year 2022, we have to pay a higher price to buy cars from almost all car and auto companies, including Maruti Suzuki, Renault, Honda, Toyota, and Skoda. Auto companies will increase prices due to an increase in cost. Tata Motors had already announced to hike commercial vehicle prices by 2.5% from January 1, 2022
Cement prices to rise to ₹ 400 per bag –
In 2021, cement prices increased by 15% – 20%. The condition is that a 50 kg bag of cement sold for ₹ 330 / ₹ 340 a year ago is now in the process of crossing ₹ 400.
The price of steel will continue to increase –
Steel companies increased steel prices by 215% between 2020 and December 2021. In November 2021 alone, steel companies raised steel prices by ₹3000- ₹3500 per tonne. This trend is going to continue in 2022. The reason being the absence of competition in the steel industry, thereby resulting in impetus to unscrupulous monopolies. Now it is in the hands of a handful of companies – Tata Steel, Jindal Steel, ArcelorMittal Steel. There is a silent consent of the Modi government in this regard, prices are rising, and people are suffering.
India Post Payment Bank increased the charge –
Last but not least, India Post Payment Bank (IPPB) account holders will have to pay a charge for withdrawing and depositing cash over a specific limit from January 1st. Cash withdrawal 4 times every month from Basic Savings Account will be free. After this, 0.50% charge will have to be paid on every withdrawal.
THANK YOU, MODI JI, FOR THE COSTLY NEW YEAR GIFTS.
How the Modi government has looted us by imposing high inflation in the last seven years, after coming to power in 2014:-
✓ Petrol of ₹71 per Ltr and Diesel of ₹56 per Ltr crossed Rs.100 per Ltr.
✓ Cooking gas cylinder of ₹ 400 crossed ₹ 1000.
✓ Cooking oil increased from ₹ 90 to ₹ 250 per Ltr.
✓ Lentil-Daal Prices increased from ₹ 60 per kg to ₹ 150 per kg.
✓ People can’t even drink a cup of tea comfortably. Tea leaves worth ₹120 per kg have now increased to ₹300- ₹400 per kg. Not only this, even the price of salt has also increased from ₹12 per kg to ₹22 per kg.
Lentil, gram, kidney beans, tomatoes, onions, vegetables – every food item being snatched away from the plate of the poor.
Now the people of the country are saying: –
If there is Modi, then there is inflation.
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- Modi government is synonymous with inflation.
- Both Modi and inflation are harmful to the country.
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JK PCC Chief Shri G.A. Mir condemned the unlawful action of the Govt. to put Former Chief Minister and sitting Member of Lok Sabha Farooq Abdullah and others under house arrest, as per reports and termed it unfortunate and against the principles of democracy and Constitution. Replying to a question, he said that the peaceful right to protest is recognized and guaranteed by the Constitution and basic principle of democracy but such actions are very harsh undemocratic and unlawful, and condemnable.