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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Modiji had done so many revolutionary changes in this short span. He has to resolve this serious and critical issue urgently.... more
Oct 17
