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Topic : Should fuel prices be deregulated?
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De-regulation of oil prices - right economic move by Indian Government for the long run???

Created by : Sachin Rawat, Manager - International Trade & Finance, Okaya & Co. India Private Limited  | 06 08 2010 05:19:39 +0000
Industry : Oil & GasFunctional Area : Business Processes(Operations)
Keywords : deregulation of oil prices
Activity:  1193 views;  last activity : 12 18 2010 17:39:45 +0000
Deregulation of Oil prices
  
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Yes, its better for long run Vs It will further fuel the current inflationary trends
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it is better for long run as every year govt used to pay about 75000 crores of rupees and note one thing petrol is not a basic thing we require so why to underpay for petrol...... today people waste petrol like nothing else...... they just want there top cars and bikes and just roaming here and there...... remaining product like LPG and diesel shud remain regulated for common man interest.....
By Manish Lalla, M.M.S student, H &GHM INSTITUTE OF MANAGEMENT  | 12 18 2010 17:39:45 +0000
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This will minimise the current fiscal deficit of Government by approx 40%. Further, people and Govt will will switch to the different mode of Green technology i.e., electric cars, CNG etc. Further, the Indian auto industry will be more balanced then now..
By Sachin Rawat, Manager - International Trade & Finance, Okaya & Co. India Private Limited  | 06 08 2010 05:19:39 +0000
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since the common fa n facing so many problems such as domestic prices rises almost every month,and now the petrol price is rises by 3 rs its particularly burdens and make difficult to maintain normal life of common people. i dont know why government always puts a burden on common man. why dont they cut their expenses, because large amount of fuel is consumed by ministry by raoming with chatterd plane. and bussiness houses also waste patrol quite heavily .and they didnot affect much because obvoius they are rich .so my ideas is that govt. provide pertol with 2 prices one for common peopel and another for crporate houses like they do with domestic gas .
By Subhash Vishwakarma, MCA student, LFHS SARNI  | 12 18 2010 08:48:13 +0000
Argue for "Yes, its better for long run"
Argue for "It will further fuel the current inflationary trends"
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