Tuesday 10 December 2019, 12:10 AM
UK's Labour may propose windfall tax on oil industry
By IANS | Bharat Defence Kavach | Publish Date: 11/21/2019 4:32:35 PM
UK's Labour may propose windfall tax on oil industry

London: Britain's opposition Labour Party's general election manifesto is likely to include a windfall tax on oil industry, media reports said.The latest move is part of Jeremy Corbyn's plan to "transform" Britain into a green economy, BBC reported.

The manifesto, expected to be released later, will include "radical" environment polices, said party sources.Labour's manifesto is likely to lay a special emphasis on public transport, including restoration of axed bus routes.

Corbyn has promised to establish a £250bn Green Transformation Fund -- to be paid for through borrowing -- to fund 300,000 "green apprenticeships" and loans for electric cars.In September, Labour's conference passed a motion urging the party to commit to make the UK carbon neutral by 2030, matching the Green Party's major election promise.


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भारत डिफेंस कवच की नई हिन्दी पत्रिका ‘डिफेंस मॉनिटर’ का ताजा अंक ऊपर दर्शाया गया है। इसके पहले दस पन्ने आप मुफ्त देख सकते हैं। पूरी पत्रिका पढ़ने के लिए कुछ राशि का भुगतान करना होता है। पुराने अंक आप पूरी तरह फ्री पढ़ सकते हैं। पत्रिका के अंकों पर क्लिक करें और देखें। -संपादक

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