Petroleum minister Dharmendra Pradhan on Sunday blasted the Naveen Patnaik government for the latter ‘s decision to withdraw fiscal incentives to IOCL’ s Paradip refinery. Dharmendra attributed the action to Naveen ‘s personal hatred towards him
.”I can understand Naveen babu ‘s state of mind now and his anger towards me. However, political rivalry should not influence decisions that may affect state’ s interest , and that will affect the livelihood of Odisha youths,” Pradhan said at a news conference here.
Pradhan was speaking on the state cabinet’s Wednesday decision to withdraw the provision of interest-free loan equivalent on sales tax to IOCL’s Paradip refinery for 11 years, as mentioned in the MoU signed between Odisha and IOCL in 2004. The state had agreed to defer the collection of sales taxes from Paradip refinery for 11 years and would charge no interest on the pending amount after the moratorium period. Read More…
Credit By : Timesofindia.indiatimes.com
Latest posts by The Times Of India (see all)
- Govt to invoke special powers, save green projects of Rs 40k crore - June 20, 2019
- No power tariff hike in Chandigarh, says JERC - June 19, 2019
- Delhi: Solar power can save you Rs 46,000 in yearly bill - June 18, 2019