Will curb rising prices of petroleum products if situation permits: Manipur Deputy CM

Manipur Deputy Chief Minister Y Joykumar Singh on Monday said in the Assembly that the state will try to curb the rising prices of petroleum products if the situation permits.

Singh was replying to a calling attention motion raised by opposition MLA A K Mirabai Devi on the reported loss of state revenue due to higher VAT when compared to the neighbouring states. Singh, who is also in charge of the finance portfolio, said reports of losses amounting to Rs 49.34 crore in the 2019-20 financial year were totally baseless.

Mirabai said the soaring prices of petrol and diesel affects the farmers in the state.