Diesel Price & unscientific price calculation:-
The price of diesel is very high compared to international crude oil price. The price calculation by Indian oil companies are unscientific and it is clarified and proved by various economists. The diesel consumers are mainly public transport system, farmers, industries etc.. not luxury car owners. Bulk buyers, like the Indian Railways, Indian Army, housing complexes and bus companies, together buy 18% of all diesel sold in the country. Diesel is used in industrial and agricultural work on a very large scale, Thus any increase in the price of these commodities directly affects the life of ordinary people. The very first consequence of diesel hike is increase in transportation charges that results in increase in price of almost all commodities and thus fuel inflation, which is already in double digit figure. Secondly hike in diesel price directly increase the cost of production of the farmers as diesel is used in almost all agricultural activities from irrigation to cultivation and transportation. Any increase in diesel price thus push farmers backward as there is no immediate relief, like increase in MSP (Minimum Support Price) or increased market price to their crops, to them. Hence any increase in diesel price has a very big impact on the society and worst affected is the poorest section. The lowering of diesel price and a new accurate and scientific price calculation will help to control the price hike, give more profit to farmers and common people including taxi drivers, make our public transport system profitable etc..
Our Govt: has to take necessary steps to reduce the price of diesel and need implement a new method for price calculation. more
Our Govt: has to take necessary steps to reduce the price of diesel and need implement a new method for price calculation. more
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Harish, by now you would be convinced that the earlier price hikes of commodities was not so much related to the diesel price alone. Otherwise prices would have shot up further by now. more
Nov 11
Modiji should confirm that this govt is not losing the 'human face', shouldn't forget crores of common people who voted for BJP. more
Oct 19
Truly this decision is against the common people who voted for BJP during last election. I think this decision is to protect the interests of multinational pvt oil companies such as Shell, Reliance, essar etc. Their outlets in India were closed 5 years back due to govt subsidies given to public oil companies. These Corporates can provide as much fund party requires, but votes are coming from common public which decides all. Money power has no effect there. Crude oil price will shoot up shortly and correspongly diesel price. The impact of Diesel price hike will have drastic impact all over India. Common man can't afford wide price increase of necessary commodities occurring due to diesel price hike. Indian farmers, pvt and public transport system, industries can't afford huge price of diesel. Developed countries are giving huge subsidies. Our farmers and small scale industries has to compete with them in Indian and world market. That's why old govt's given subsidies for diesel and kept price decision power in govt's hand. more
Oct 19
The middle class and common men voted for Bjp during last election and thus got this clear majority. Diesel price hike leads to simultaneous price hike for necessary commodities of common man. Also it will make the life of farmers, taxi owners, drivers etc.. more hard. One of the major factor of the collapse of UPA is their policies against common people. Corporates can fund, but winning votes will come from common people. I remember one dialogue of Sharukh khan on Chennai Express " don't underestimate the power of common man " more
Oct 18
Just now breaking news came. Diesel price decision power given to Oil companies. I am a swayam sevak and I supported all the activities and policies of Modiji till now. But with lots of disappointment and protest I has to say that this is a worst decision my our govt.. more
Oct 18
