Which will help them to raise the voice against this antihuman policy of getting huge and unjustified profit on crude oil selling.These nations can be China,India,South Korea & Japan,sooner the better.
Consumers of a commodity cannot warn owners of that commodity unless there are alternative suppliers. It is consumers who are always desperate and not owners and will remain so until they learn to control their consumption!!
Consumers of a commodity cannot warn owners of that commodity unless there are alternative suppliers. It is consumers who are always desperate and not owners and will remain so until they learn to control their consumption!!
After bumbling and tripping around for 4 years, komaaaali Modi is now looking around in confusionat the economy, wondering how and when it was ravaged so badly !
Why every country is crying when the price of oil goes up. Crude was selling at USD.30 per barrel in 1960, reduced to USD.20 PB in 1970. Even granting $1 increase per barrel every year since 1960, the fair price of oil should be USD.85 to 90 per barrel. GCC dumb producers do not know how to increase the prices, and suffering. On the other hand, look at the price of rice, Are we giving the Basmati Rice to the Gulf Countries at the same rate what we sold in 1960 or 1970. Look at the other commodities prices what we export to GCC. Compare the salaries of our people in the GCC with what they were getting in 1960 and 1970. When everything goes up, poor GCC guys are not able to increase the prices in a systematic manner. Every country should budget for the import of oil, with a price increase of 2 to 3% per year, and they will not have any problem. It is our budgeting problem. Oil producing countries should keep increasing at an average of 2% per year, and should give concessionals to developing countries, and invest some portion in developing countries as a social responsibility for inclusive global growth.
Running a country is more complex than making tea but making pakora and jalebi is more complex than handling the economy along with clueless Finance Minister.So please learn how to make pakora and jalebi, it will come handy after 2019.
Re: Modi Ji
by ganesha on Oct 16, 2018 05:51 PM
Let's see your opinion on church rape cases springing from everywhere around the world.. You seem to know better about Loya case? opinion formed by reading too much anti Modi articles?
Re: Modi Ji
by Sandeep Singh on Oct 17, 2018 10:47 AM
You will be insane if you believe if any other alternative government will be able to do anything better!! Earlier UPA too never ever reduced oil price in its 10 years rule!!
When oil prices was $35 to $40 China was buying oil and everyone was laughin. We slept over it and now we have woken. We could have even purchased in the forward market and paid the difference.
So luck deserted PM. He told first four years only work and last year election but he just did opposite. As forecasted by his followers dollar has also taken northern turn and doubt anybody can reverse it. Hope his luck deserts him in coming election, at least relief from his sons/daughters of cows and sons/daughters of human take control of the land.