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Q.

The government is believed to be considering decontrolling petrol prices, a move that may see rates being hiked by Rs 16-17 a litre. The oil ministry had also asked for lowering of excise duty on the two fuels but Finance Ministry is not obliging. With the prices of petrol fast reaching unaffordable levels, the finance ministry is still hellbent on keeping the duties unchanged. The duties are still in percentage term, with every price rise the govt gets more money. Is it a democratic govt working for the people or a corporate body obsessed with maximising the gains.How can any government that

Asked by anand sakthivel, 02 Jun '08 06:27 pm
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Answers (21)

1.

The question is whether government should take steps directly or indirectly. Direct step is to raise the prices. Indirect step is to lower the duties and then increase the indriect taxes so that the government revenues are not affected. The most affected areas will be planned expenditure and starving them of funds will not be good from the point of country's growth. The solutions are complex.

Answered by Venkateswaraswamy Swarna, 03 Jun '08 03:38 pm

 
  
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2.

Dear Anandji, Do you think whatever govt says does first of all?? At the most when prices will be hiked then you will see people going by public transport and "aur bheed is bhid bhadmein" Al d best tke care regards Cyrus
Answered by cyrus irani, 03 Jun '08 09:45 am

 
  
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3.

When I try to see all this positively, I see in it an excellent move to curb global warming. Why do we need so may cars. can't people use buses? See the traffic jam.
Answered by Jack Johnson, 04 Jun '08 09:31 am

 
  
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4.

Any how, It will be an additional burden on common man. By the way, we should also consider these facts in our neighbouring countries - we are not seen any specific economic problem arising due to oil price hike thru any media there. We should know how do the people react and manage situation effectively and whether this problem affect in India only.
Answered by Joseph Chacko, 04 Jun '08 03:23 am

 
  
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5.

Your observations are appreciable.
Answered by AYYAMPALAYAM RAGHAVENDRARAO, 03 Jun '08 06:55 am

 
  
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6.

The govt. is not working for the betterment of common people,the politicians are working for their own benefit,you can just imagine a comman man is buying petrol for his vehicle monthly not more than Rs.1000/- where our corrupt politicians using govt. vehicles and claiming petrol for more than Rs.1,00,000/-per month and the other vehicles provided to them for security purpose costing the same amount.
Answered by Pardeep kapoor, 03 Jun '08 01:10 am

 
  
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7.

Any how petrol is out of reach for a common man, let the government take some concrete decision and sort out once for all.
Answered by Prem Malhotra, 02 Jun '08 10:42 pm

 
  
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8.

Any adverse move on people will speak and have effect on election.
Answered by anantharaman, 02 Jun '08 10:02 pm

 
  
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9.

Well, I am 100% left, but my fellow countrymen, for whatever reasons, seemed to somehow get convinced by this so called "liberalization dream" and well- enjoy liberalization dream comrades.

We can go on talking all the dynamic we want, but the basic economic system is flawed. Since 1989.

"Blind controls" is what they are called, but those are called price ceilings and price floors- the nifty little econo gadgets that keep prices from fluctuating so barbariously for benefit of oil corporations. And we can peg the Rupee, instead of leaving at the mercy to Forex. And we have enough capacity to emerge as an ALTERNATIVE to America.

Iran wants ppls like India to develop their oil facilities, and they are willing to discuss bilatral pricing, but we need to assure them national security against America. That's something we need to do for our ineterests.

Well, Saddam was supplying us oil in the past, and the USSR used its muscles to sort of coax Middle Eastern countries into giv ...more
Answered by A Moin, 02 Jun '08 09:48 pm

 
  
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10.

Democracy in India is really hypocrisy. the politicians and the bureaucracy are answerable to none. they go through the motions all right , but that is about it.
finance ministry is in a jam.where is it going to get 70000 cr to waive off if not from petrol. but the recent rise has put paid to their plans.
apart from all this there is a way.that is reducing wasteful expenditure which is plenty.but who will bell the cat?
Answered by krishnan, 02 Jun '08 09:34 pm

 
  
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