FUMING CONSUMERS as FUEL PRICES SOAR:
Barely within 3 days of preparing a chart on comparative percentages fuel price to wages another hike has taken place .
The previous highest petrol prices was in September 2013 @ 83.62 . We made a big hue and cry about it , though the global Crude prices had touched an all time high of $ 105 then .But against the present global crude oil price of $ 74 ,which is 30% less than sept.2013 , all of us would expect the petrol price also be roughly 30 % less than the September 2013 prices of 83.62. [it would be less than Rs. 60] . It is learnt that the government taxes are 60 % in this Rs. 81.93 , 20 for the center and 40 for the state. This will have an impact on the following strata of people :
* the construction workers, carpenters , plumbers ; small time vendors who distribute sell al type of a variety of merchandise from tea coffee to cloths ; office goers . All of them use 2 wheelers including women who use a variety of 2 wheelers from .5 to 1.25 cc capacity .
* then comes the auto rickshaws , who will have a field day when a small opportunity comes to fleece the hapless aged, sick , women and the elderly ; especially the government when taxes the public to the tune of 60 % looking the other way instead of regulating and checking the greedy and exploiting .
* the car users : the ones who are first timers and small car users for the family and to commute to the office drop children in schools .
IF THE GOVERNMENTS HAVE CREATED AN EFFECTIVE COST FRIENDLY PUBLIC TRANSPORT THE COMMON MAN CAN’T PROTEST ON MORAL GROUNDS.
In the case of Diesel it is 48 % of taxes @ 69.54.
This is the one which will hit the common man right below the belt and indirectly and slowly. The vegetables , grains , pulses , milk even water and a host of other stuff are dependent on road transport . Obviously the same is to happen here also . This is one which will the ordinary man who forms a good percentage of the population . Families travelling for functions , festivals and holidays will have to cut down on their visits or cut down the number.
ONLY SOLUTION : BOTH THE GOVERNMENTS CAN COORDINATE TO IMPROVE THE TRANSPORT SYSTEM TO THE BENEFIT OF THE COMMON MAN.
Why this hike , is it to create an OIL POOL Surplus kitty and then reduce the price to our benefit or for any other
reason ? We like to know these intricacies. more
The previous highest petrol prices was in September 2013 @ 83.62 . We made a big hue and cry about it , though the global Crude prices had touched an all time high of $ 105 then .But against the present global crude oil price of $ 74 ,which is 30% less than sept.2013 , all of us would expect the petrol price also be roughly 30 % less than the September 2013 prices of 83.62. [it would be less than Rs. 60] . It is learnt that the government taxes are 60 % in this Rs. 81.93 , 20 for the center and 40 for the state. This will have an impact on the following strata of people :
* the construction workers, carpenters , plumbers ; small time vendors who distribute sell al type of a variety of merchandise from tea coffee to cloths ; office goers . All of them use 2 wheelers including women who use a variety of 2 wheelers from .5 to 1.25 cc capacity .
* then comes the auto rickshaws , who will have a field day when a small opportunity comes to fleece the hapless aged, sick , women and the elderly ; especially the government when taxes the public to the tune of 60 % looking the other way instead of regulating and checking the greedy and exploiting .
* the car users : the ones who are first timers and small car users for the family and to commute to the office drop children in schools .
IF THE GOVERNMENTS HAVE CREATED AN EFFECTIVE COST FRIENDLY PUBLIC TRANSPORT THE COMMON MAN CAN’T PROTEST ON MORAL GROUNDS.
In the case of Diesel it is 48 % of taxes @ 69.54.
This is the one which will hit the common man right below the belt and indirectly and slowly. The vegetables , grains , pulses , milk even water and a host of other stuff are dependent on road transport . Obviously the same is to happen here also . This is one which will the ordinary man who forms a good percentage of the population . Families travelling for functions , festivals and holidays will have to cut down on their visits or cut down the number.
ONLY SOLUTION : BOTH THE GOVERNMENTS CAN COORDINATE TO IMPROVE THE TRANSPORT SYSTEM TO THE BENEFIT OF THE COMMON MAN.
Why this hike , is it to create an OIL POOL Surplus kitty and then reduce the price to our benefit or for any other
reason ? We like to know these intricacies. more
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View all 35 comments Below 35 comments
Government should reduce the tax on Petroleum products or should introduce GST or to take step to reduce the price. more
Apr 29
Every day blood boils on seeing roaring fuel price. Is the Govt. deaf? What is the logic behind increasing when Inter Nationall the fuel prices are coming down? Don't they have a heart? Real useless fellows. Just looting the public. The toll fees is another area of looting. Why should it increase at all with fuel price increase? What does this useless Govt. think of public? Tyranny in a domcratic country. Some people who favours the present Govt. support saying that they are saving money what the earlier Govt. has swallowed. Saying this these people are swallowing. more
Apr 28
We have learned to our dismay that Governments are the same whether its the BJP or the Congress in their disregard for how prices affect the common people. Even their spokespersons on TV have no patience to listen to feedback via the telephone line and keep shouting their heads off even when the compere pleads with them to listen to the voice of the people. L.Kalavathi Retd. Bank Official Chennai, Tamilnadu, India 27/04/2018 more
Apr 27
Government should definitely find a formula to balance the huge amount of taxes they are charging on products that are directly related to the common man in many ways. more
Apr 25
Sir for fighting elections from where the funds will come ? So nothing is going to change till the masses understand what is wrong and right? more
Apr 24
