As of tonight. In Bangalore it would be Rs. 82/litre, highest in the country. Overall the price hike is about Rs. 7.50 / litre across the country. Govt blaming on the falling rupees. Naturally other prices will increase leading to inflation. Diesel prices may be hiked next week by Rs. 5/litre. Also the LPG.
If all the black / bribe money made by netas be brought together, petrol would be available for free.
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Originally posted by KumarM
If all the black / bribe money made by netas be brought together, petrol would be available for free.
Once the petrol becomes free then there will be billion cars on the road and it will create more chaos. So increase in petrol prices is better for the environment.
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Originally posted by ashedfc
Petrol price is only one part of the problem; the other part is a simultaneous increase in prices of other goods & service (due to high petrol). This is where common man who doesn't even drives gets affected.
As far as car owners, they can always afford a little bit extra (some of them even benefit from inflation). Its the poor man who is at the receiving end & gets screwed.
Diesel price affects the most as compared to petrol. It can be controlled by introducing quota system.
Ask private vehicle owner to pay very high price and commercial vehicle to pay reasonable price. This will not drive the commodities price up.
one should listen to Paki commentator Hassan Nasir. He says that idiots of Pak deserve their ass being f****d as they keep electing corrupt. I think scenario is no different for India. Those morons of UP who brought idiot and corrupt Mulayam back to power because of his caste would also pay the price.
Gold and diamond imports which import duty can fetch more than Rs.50,000 crores a year and levied this budget, was rolled back after agitation, shutting shop by the gold and diamond merchants who followed it with a dharna in Delhi. The corporate get waived their taxes upto 25.7 lac crores during the last 6 years.
The rich also buy diesel cars which fuel is subsidised for freight transport by road and rail. Like in gold and diamond here also shamelessly they do not want to contribute.
But the common man who is filling up petrol for his bajaj scooter or tvs moped is expected to cough up more than 50% in taxes for every litre.
As Indians, apart from Mahatma Gandhi's influence we believe in destiny, fate etc. and depend on devotion to God to bail us out. Hence there will be no revolution or blood bath on the streets like it happened in France, Russia or China.
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Why there is a huge cry? Gas prices are raising everywhere. In fact, in India they have enjoyed lot of subsidy from the govt sofar.
Location: God's own country
Posted on: 29-05-12 07:51:30
Spot on Gurram !
Plus we import atleast 30% fuel paid in foreign exchange. In Europe and the Americas, interest rates are very low (2% or so) where as in India, savings bank gives 4%, 7 day FD gives 7.25 % interest rate and you expect petrol price to stay the same? Inflation is almost in the double digits. People are getting jobs left and right (although poor people still have not seen the uplift as the middle class of India) and people jump from company to company every 3 months or so (due to higher wages being given)
No way sirs !
Peace
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I am a Gents and not a Ladies.
