Need to revise petrol diesel prices

To 72 rupees per liter and 55 rupees per liter. See attached as to why people desrrve that. Ideally they should lower the prices further by 20% as crude has reduced from 105 to 86.

But I am sure this wont happen till all of us and the 200 people in our networks demand this.

Can we, Will we? more  

via_LocalCircles_IMG_9706___20240402105630___.jpeg
View all 17 comments Below 17 comments
The idea is well justified to make a representation from the circle to scale down the price. Unusual spilke of price of essential commodity has always multiple impact on cost of living of an individual. Govt. should introspect and reduce the duty levied on crude to keep the price of Petroleum products affordable. more  
Please also mention debt burden on Indian government from all oil importing countries from 2004 to 2014 was more than USD 100 billion , Iran itself India had to pay 75000 crores + interest when NDA took over in 2014 . NDA paid all and has USD 690 billion in reserve as well , whereas India was on verge of bankruptcy when NDA took over in 2014. with only USD 1.6 trillion dollar economy since 1947 compared to china which had USD 15 trillion economy in 2014 . WHAT SAY ?? more  
it is not the crude price but govt tax , price of deisel and pertol is reflecting in all comodity prices more  
There are many other factors going into the pricing. The US$ exchange rate needs to be looked at. Its moved from Rs 63/$ to Rs 83/US $ between 2014 and 2024. (This increases inputs costs). On th3 other hand, petrol is blended with 10% ethanol which is indigenous (decreases input costs). The sulphur content in diesel has been reduced (processing cost goes up) And to top it all, the taxes have been phenomenally increased. All this make up for a bigger bill. Even if they maintain parity in tax rates, prices can fall by 25-30%. One must not foget that in 10 years fuel consumption has also significantly increased. theer are many excuses for not reducing fuel prices. However, fuel prices drive inflation and the cost of leaving. It has as serious cascading effect. Hence, such major price jumps should have been avoided that too out of tax rate increase. more  
Llet me tell you the biggest scam in the history of India and rather world is Electoral Bond scam where the money trail has been established and BJP and Govt doesn't want to talk about and no Investigation and this is the last chance to save india from clutches of 2+2 cronies who will hijack and take back India to colonialism more  
Post a Comment

Related Posts

    • Study the attached price rise and lower taxes

      How prices of essentials have risen in last 10 years. Middle class is badly hit because earnings have not grown in this proportion. Middle class needs to thrive in India so that th...

      By RN Chopra
      /
    • By Swati M
      /
    • GST on used cars will impact dealers/online platforms

      And in turn prices for consumers who buy from such platforms Let me clear some myths on GST on used cars. Example 1: You buy a car for 15 lacs. Use it for 2-3 years and s...

      By Sanjit Jha
      /
    • Clowns in Paradise

      Really pissed off. Time is ticking - already effectively, nearly 15% of the 3rd term is over (because you can't do anything in last few months leading up to elections). And the Government appears t...

      By Sudesh Rai
      /
    • Clueless parliamentarians of India

      Successful countries talk about their present. Struggling countries keep talking about their past. China talks about its dominance in the EV industry. China talks about trains that run ...

      By Ruchika L Maheshwari
      /
    • Why tourism sector is broken in India

      There is an easier hypothesis why holidays in India have become Ultra expensive. Most of the luxury hotels in India are not a source of livelihood for the people who run them. It is not ...

      By Satvik Singh
      /
    • Major squeeze in middle class

      Our savings rate is at 5 decade low. Our consumption of even essential FMCG goods has slowed down. Two key essentials of every kitchen - wheat and oil, hugely impacted by infl...

      By Radha Puri
      /
    • Rampant Milk Adulteration

      Over 21700 kilos of chemicals recovered from the factory of Ajay Agarwal of Agarwal Traders of Bulandshahr. 500 liters of milk can be prepared from 1 kg of chemical. One man in one city. In the e...

      By Ashima Gupta
      /
    • Electric Cars in India

      Our friends undertook a Bengaluru to Hyderabad journey in an all Electric car attempting to be at mercy of roadside EV Charging Stations. They left Bengaluru at 230 pm and reached Hyder...

      By Shikha Chhabra
      /
    • Lost Decade of India

      Basic problems India had in 2014:- - Corruption - Reservation - Pollution - Lack of jobs - Not growing fast enough to build genuine wealth Basic proble...

      By Rohit Garg
      /
    • Tourism in India

      I am a yoga expert who has spent considerable amount of time learning the same in India. Many of my friends are unsure about visiting India because of visa process and then having to figure out how...

      By Ashley Jones
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)