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Why India needed to hike fuel prices


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Iadmire
Why India had no choice but to hike fuel prices
by Iadmire on Jun 28, 2010 01:34 PM  | Hide replies

Because people had selected the same old congress in their 2009-10 elections... What else they will get from congress...?

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william thangaraj
Re: Why India had no choice but to hike fuel prices
by william thangaraj on Jun 28, 2010 01:56 PM
Some people don't understand this price hike. We don't have oil resources we have to import, so whatever is the price in the international market we have to pay. hence the rise in price. If oil is available with us and if we increase the price then it is wrong. So try to understand and don't blame govt. Any govt will have to do this only. Every govt has done this only.

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Argumentative Indian
Re: Re: Why India had no choice but to hike fuel prices
by Argumentative Indian on Jun 28, 2010 02:26 PM
Do you even understand the meaning of international price of fuel? Are you aware that fule / crude prices have FALLEN globally? Do you think it costs Rs. 57 per liter, to import a barrel of crude at current prices, refine & sell it in India? Are you aware, fully Rs. 20 is the Government taxes on this? What for? What subsidy when you are taxing the whole amount? Thanks to innocents like you the government can go on exploiting us for the next 100 years and no one will be the wiser.

BTW, I trust, Tur Dal is a resource we have, any idea why it now costs pretty much the same as Petrol?


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senthilkumar thangavel
Re: Re: Why India had no choice but to hike fuel prices
by senthilkumar thangavel on Jun 28, 2010 02:07 PM
govt only collecting more than 40% of petrol price as tax if petrol is market price than why huge tax? it should be normal

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Nitin Dutt
Re: Re: Re: Why India had no choice but to hike fuel prices
by Nitin Dutt on Jun 28, 2010 02:21 PM
because my friend they have to run state as well. with only 15-30 % people paying taxes, the income is less and expenses more. The taxes will reduce only when maximum people will be paying taxes.

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Argumentative Indian
Re: Re: Re: Re: Why India had no choice but to hike fuel prices
by Argumentative Indian on Jun 28, 2010 02:30 PM
What is RUNNING the state? Paying the salaries of government parasites, oops, servants? Getting surprised, when moonsoon hits Mumbai for the 400th time in June in recent, recorded history, thus leading to flooding of Mumbai?
On what are these expenses? Farmer loan waivers? Which farmers got these waivers? The poor farmers of Vidarbha? Then why are they still killing themselves for chicken shit like Rs. 25K to Rs. 35K loans?

What is running the state paying the expenses of the right honorable, Railway Minister, Agriculture Minister, Chemicals & Fertilizers Minister? Do you have an idea of how much just the office stationery of these three worthies, paper, clips, stapler pins, pens, rubbers must cost our country?



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Nitin Dutt
Re: Why India had no choice but to hike fuel prices
by Nitin Dutt on Jun 28, 2010 02:19 PM
You think running a country with limited resources is easy. Why don't you contest elections and start to make a difference.

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Argumentative Indian
Re: Re: Why India had no choice but to hike fuel prices
by Argumentative Indian on Jun 28, 2010 02:33 PM
You think contesting elections in India is easy? THAT is the world's most coveted job, where every goonda worth his salt, fights tooth and nail to get through.

You think an honest law abiding citizen of India, a non celebrity can even win the local municipal corporation elections?

Yes running the country is dammed simple, its the entry barriers to getting the job, that disallows competent Indians from getting the job and only allows idiots who would screw up a Pan Ka Dokan around the corner, to run the country.



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sushant goswami
Re: Re: Re: Why India had no choice but to hike fuel prices
by sushant goswami on Jun 28, 2010 03:10 PM
very good comment sir

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Iadmire
pay the price
by Iadmire on Jun 28, 2010 01:32 PM

Let us all pay the price for voting congress.... Now inflation will be Quadruple then it was... Unfortunately, the poor people are the one who is going to suffer the most but what to do they are the one who selected this government.

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naresh gupta
obituary
by naresh gupta on Jun 28, 2010 01:18 PM  | Hide replies

It is announced today that after enough struggle, the AAm Aadmi of India died on friday night. From the correspondence and reports it is noticed that from last few years he was struggling to cope up with the life but the friday announcement of further fuel hike had given him a sudden shock. No mercy

The Aam aadmi of India was quite happy when UPA govt was elected again last year, thinking that this is the union which started the economic reforms in India and hopeful that it'll repeat.but the global recession and 3 times fuel hike was too much for him to bear.

He had started using his legs for commutation and reported that living only on Roti, since the vegetables and other cereals are luxuries.

His money got drenched in the stock market because of hype and was cheated by the builders. He could not go back to his village as people still thinks that life in big cities is worth living.

Everyday he struggeled to get in the public vehicles but useless, as that is driven by road maniacs and could not help himself by hair line death 3 times in week.

The govt has it will come down only 2 months before the next election to give a feel good factor and to be elected again.

He was optimistic and was under illusion that India is shinning, but how wrong he was. It is only Indian Politician shinning.

He was dead before, today is only his ceremonial death.
since it is wrong to pray because it will disaapont some communities. May god ?? bless his soul in peace at gra

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abhishek gupta
Re: obituary
by abhishek gupta on Jun 28, 2010 01:22 PM
Excellent !!! May his sole rest in piece forever

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Satish chandra
petrol price deregulation
by Satish chandra on Jun 28, 2010 01:10 PM

subsidy to an extend is desired but not at the cost of depriveing 60 to 70% population who dont get wages appx 110 Rs daily. It will mar the mobility.U r increasing the gap of poor & rich.Poor will subsiquently get demobilised & wealthy will move with top speed. Gap Gap Gap &
distress leading to anarchy.........

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Indian indian
Why India had no choice but to hike fuel prices
by Indian indian on Jun 28, 2010 01:08 PM

B cos our sardar PM does not have brains. hahaha

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Krishna
Yes but,
by Krishna on Jun 28, 2010 01:06 PM

This should have been done after recovery of all the money stashed in Swiss bank.

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Ramachandran S
Govt is a bunch of Looters - Reg
by Ramachandran S on Jun 28, 2010 01:03 PM  | Hide replies

Everything in life is in not God or Govt Hand, just in speculators hand. God Save India.
What is paining is People sitting inside A/C Car in cities traffic jams. Why Govt cannot charge more for Petrol to this segment? Discourage people using Private vehicle for commuting within cities. Service based Earning concept has gone. Now only lootings. Politicians loot and allow others to loot. The Private Companies are pampering their staff with Car Allowance why it cannot be stopped?

If this goes for a long time, Afghanistan like situation will arise here .


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Krishna
Re: Govt is a bunch of Looters - Reg
by Krishna on Jun 28, 2010 01:10 PM
The govt should first improve the public transportation with monorail connectivity. Double the rail lines between major cities to move people and farm produce at lower cost. Encourage CNG based public transportation. Reduce travel itself by moving govt offices to less congested areas with plenty of accomodation, close by.
After this double/triple the cost of petrol and no one will protest.

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santosh k
fUEL PRICE
by santosh k on Jun 28, 2010 12:59 PM  | Hide replies

Pla dont make fool people by saying there is no alternative.
-talk about wastage in refinaries.
-their operating efficiency.
-wastage of fuel by fire hazzards in refinary.
-technology efficiency adopted to convert
crude to useful fuels
-how reliance can afford selling petrol at
that rate still making profit government is
in loss.

ask answers of above questions to goverment
officer and minister






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Ramachandran S
Re: fUEL PRICE
by Ramachandran S on Jun 28, 2010 01:05 PM
What is the Incentives given to Oil Company staff?
Is Govt has to earn dividend from Oil Companies.

Still 1 rupee reaches common man out of 100. Has any thing changed. Govt is mismanaging its exchequer. Tax money is wasted. I can show thousands of examples of Govt money going to drain and MNC in the name of E Services by Central govt/State Govt etc. etc.
Is any one listening ?

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karnalakshmi
mebiggiefromdelhi
by karnalakshmi on Jun 28, 2010 12:48 PM

Govt: does not have any choice! How do you think we can enough money to squander and swindle? We also have to leave a little to our next gen:right? and the way they spend, whew!!
And how long will Reliance and Essar suffer this outrage of prices being fixed for them, I tell you, it has to stop somewhere.
Next we will allow them to deregulate water and air, so that all money that is pumped through NREGs, hike in govt salary, ultimately comes back to us, the rightful rulers of India.

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Kirtikumar Jain
Petroleum Product prices
by Kirtikumar Jain on Jun 28, 2010 12:46 PM  | Hide replies

The whole talk of under recovery and subsidy is false. Exluding all taxes, the cost of refined petroleum products come to around Rs 24 per litre. Add to this around Rs 2 for transport, the total cost comes to only around Rs 26 per litre. Thus there is a recovery of Rs 24-25/litre on petrol by way of various taxes. On diesel there is recovery of Rs 13-14 per litre.
The oil companies are also continuously crying of losses but at the end of the year they have profit to declare. This falsehood must get exposed.

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rashmi rubber products
Re: Petroleum Product prices
by rashmi rubber products on Jun 28, 2010 01:19 PM
yes totally agree with mr jain

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raju chacha
Re: Petroleum Product prices
by raju chacha on Jun 28, 2010 01:32 PM
By the way if government stops taking taxes from oil sale as well reduce income tax (as most salaried people want), where to you think government will earn money which is to be spend on defence, infrastructure, schemes for poor people, subsidized food for BPL families, health etc. Criticizing the government is one thing but when you are in a position to make policies, you will know the truth.

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Vikas Arora
Re: Re: Petroleum Product prices
by Vikas Arora on Jun 28, 2010 01:56 PM
Salaried class is not looking for reduction of taxes, they are looking for rationalization of taxes. The oil if you see, is highly consumed by the government. Every MP, MLA, Minister wants 6/7 cars in their everyday caravan and all that cost has to be borne by the taxpayers. Let them look at their extravagant behaviour before looking for taxing Petrol and Diesel more and more to fetch money to fill their endless pockets

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abhishek das
Re: Petroleum Product prices
by abhishek das on Jun 28, 2010 12:56 PM
u hav gone mad nd if u r so intelligent nd smart the go to the ministry and become the finance minister.people like u r nothing but a bloat to the society

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Kirtikumar Jain
Re: Re: Petroleum Product prices
by Kirtikumar Jain on Jun 28, 2010 01:13 PM
Abusing is the last argument of fools like you.

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karnalakshmi
Re: Petroleum Product prices
by karnalakshmi on Jun 28, 2010 12:52 PM
hehehe,people like you who know the truth should be shot! and what are you going to do, call up CAG or CBI?

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kashi umrao
Re: Re: Petroleum Product prices
by kashi umrao on Jun 28, 2010 12:56 PM
jain is absolutely right

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Indian indian
Re: Re: Re: Petroleum Product prices
by Indian indian on Jun 28, 2010 01:07 PM
agree with jain

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