Should the fuel prices be deregulated in India?
A report was presented on fuel pricing to Petroleum Minister Murli Deora advocating total decontrol of oil prices, while recommending an immediate increase in prices of kerosene by Rs 6 per litre and LPG rates by Rs 100 a cylinder. He pegged the losses of state-run oil marketing companies at Rs 40,000 crore on account of having to sell transport fuels at below cost.According to his comitee, the fuel pricing policy will address government's fiscal problems. But there is no way the current pricing policy can be continued. There is a possibility of government's taking a decision on freeing petrol and diesel prices after the report. But if it happens, petrol prices may go up by Rs 4.70 a litre and diesel by Rs 2.30 a litre........
So users, do you also believe there is a need to deregulate the fuel prices in India?
The personaly object against decision for hiking oil prices .Now the price for food items were at high rate, if the petrol prices were increased the price for food items will rise at a huge level which cannot be stopped at all.The only way to reduce the price of petrolium is to reduce the tax and subsidy on petrol. Let us hope our government will wake up and do something for us.
ReplyDeleteTalk with pakistan.
ReplyDeleteWill the talk with pakistan help to reduce the issue with India? The first thing to do is to change the attitude of the leaders of both the countries. India is blaming Pakstan as the mother country of terrorism. India is the neighbouring country of pakistan so In dia has to help pakistan to eradicate terrorism. Pakistan has been sinked in the blood of terrorism wich cannot be eradicated by themselves. They have been siverly wounded. Each and every country has to cure them, after that a talk will help to bring India nad pakistan closer.