Q.
Will dada(fin. minister) roll back on the issue of petrol&diesel.???
Asked by sureshkumar,
06 Mar '10 06:16 pm
Earn 10 points for answering
Answers (4)
1.
There is no question of rolling back. It is the decision which could not be avoided. It is the result of old sins committed by Congress party in the past.
Common men who are earning even upto four or five lacs per year will face great erosion in their purchasing capacity due to relentless price rise in all commodities and essential services. Current rise in fuel prices will add fuel to fire. If we calculate the cost of all essential goods and services required by a common men family at cost price on 01.01.2009 and compare the same with that of today we will find that there is at least 100 percent rise in living cost of same standard for the same family.
There are some employees who are partly compensated by increase in Dearness allowance by their employer. But most others who are not compensated by increase in DA or increase in salary in private sector are the worst sufferer. Since there is no rise in annual income of most of employees, farmers, labours, daily wage earners (minimum ...more
Answered by Danendra Jain, 07 Mar '10 05:27 am
Common men who are earning even upto four or five lacs per year will face great erosion in their purchasing capacity due to relentless price rise in all commodities and essential services. Current rise in fuel prices will add fuel to fire. If we calculate the cost of all essential goods and services required by a common men family at cost price on 01.01.2009 and compare the same with that of today we will find that there is at least 100 percent rise in living cost of same standard for the same family.
There are some employees who are partly compensated by increase in Dearness allowance by their employer. But most others who are not compensated by increase in DA or increase in salary in private sector are the worst sufferer. Since there is no rise in annual income of most of employees, farmers, labours, daily wage earners (minimum ...more
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
2.
No.He has decided not to do so and PM Manmohan Singh is supporting him.Also Montek Singh Ahluwalia feels that the rise will have absolutely no effect on the price rise.
Answered by HEMANT MEHTA, 06 Mar '10 06:21 pm
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
3.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
4.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received