Spokesperson: Prof. Gourav Vallabh: He said that Modi government has developed a wonderful arrangement and I will call this a 3-step friend benefit model.

Step 1 Mandates all coal-based power generators to import at least 10% of their coal requirement for blending purposes.

Step 2 Award Rs. 4,035 Crore (2.416 million tonnes at Rs. 16,700 per tonne) contract to Adani Enterprise Limited for this imported coal.

Step 3 Coal-Based Power Generators will buy this imported coal nearly at Rs. 20,000 per tonne. This is 7-10 times more than the usual costs, which are Rs. 1,700 to 2,000 per tonne (Domestic Coal Cost).

Result Power Costs will go up for domestic and industrial consumption, hurting commoners the most.

So, this is a three-prong strategy for institutionalizing the friend benefit.

First, take out the ordinance, notification for a friend and say, 10 percent imported coal will be charged, then give the contract of importing worth 4,035 crores to Adani Enterprises and then tell the power stations of the states that they should buy 10 percent of imported coal from them, which is 10 times more than the domestic price.

So, this was the first issue.

Second issue, friends, on the first day of Parliament, the government has given a huge gift to the country. From today whether it is paneer, buttermilk, lassi, puffed rice, LED lamps, GST has been started to be levied on them and writing and reading work will have to be stopped, as 18 percent GST has been imposed on pencils and sharpeners too.

We would like to ask why do you want to burden people with additional power cost? What is your model for levying GST on flour? What is the point of levying GST on flour at a time when the country’s inflation is at its peak, when the country’s unemployment is at its peak, when the country’s rupee is continuously falling? Monday, July 18, 2022