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Q.

Why the Prime Minister & Finance Minister are so rigid with the roll back on fuel prices hike?

Tags: money, finance, real estate
Asked by Sridhar, 02 Mar '10 08:41 pm
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Answers (2)

 
1.

Why should they not? PM is the world renowned economist and FM is equally accreditable. Are they responsible for hiking the fuel cost ? Just check the population of vehicles in India. Every hour new models are coming in the markets. Lakhs of vehicles are sold out. Who use them. The Indian public. Most misuse the actual use of them. Control their use judiciously. The impact of hike will be minimal. Govt. has many useful plans and projects. How could those will be accomplished without generating the money. Taxation is the only source. My neighbour has two cars and three bikes. Two of their sons do not how to walk even a furlong. Husbands and wife both leave for office in separate cars at the same time. What is the room for business people to clamour about price hike ? They charge from customers under the pretext of price hike and even if the price is lowest, they never roll back the price already increased. At the same time, Indian public demand high salary and high wages and do not wa ...more
Answered by vini joseph, 02 Mar '10 09:29 pm

 
  
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2.

It's a marginal increase. They should have decontrolled it and let it to the market. How can we stand so much of subsidy?
Answered by Jaya Mali, 02 Mar '10 09:22 pm

 
  
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