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Would the hike in petrol price once again lead to the fall of UPA Government?

Created by : Anna George, Web Analyst, NichePro Consulting LLC  | 11 15 2011 05:29:09 +0000
Keywords : would the hike in petrol price once again lead to the fall of upa government?
Activity:  142 views;  last activity : 11 17 2011 05:12:46 +0000
 
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All the statements are true, but can people start a revolution considering Anna Hazare as a model and will it lead to the fall of Manmohan Singh Government. New government is only 2 and half years old, now in case the government falls, an election has to take place and for the country to conduct another election, it would cost crores of Rupees. So it is again not feasible. So what could be the optimum solution for this. Please suggest. Regards, Anna George Web Analyst Nichepro Technologies http://www.nichesuite.com
By Anna George, Web Analyst, NichePro Consulting LLC  11 17 2011 05:12:46 +0000
 
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Crud oil price controls the price of petrol/diesel etc. Since this is not changed and stable for last 8-9 months then why price hike regularly? not justifiable with any anti logic.
By JV , Freelancer, Management & Strategy Consulting  | 11 16 2011 13:17:53 +0000
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If you analyze it, you could find that this is only an attempt to recover the money lost due to corruption and to maintain a sustainable economic face of this country. It's all dirty play! Is this fair? Someone else will enjoy with the common man's money, now common man itself is penalised for recovery! if you closely watch, th price hike will always affect Onion, petrol, Gas, Potato... without which common man can't survive. Now, in a 120 crore population country say onion price is hiked by Rs. 1 so total income goes to 3.6 cr. Then how 2G- 6000 crore matter will be recoverd? so, now target common man again.... increase price of petrol,increase carosine price, increase gas price.... etc. etc.... So, unfortunate and painful!!! THINK ABOUT THOSE WHO"S AVERAGE MONTHLY INCOME IS BELOW 5000. THEY LIVE WITH NO SMILE LIKE YOU AND ME! REVOLUTION, REVOLUTION AND ONLY REVOLUTION IS GOING TO CHANGE OUR COUNTRY.
By JV , Freelancer, Management & Strategy Consulting  | 11 16 2011 13:09:46 +0000
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Since the Oil companies have been given the power to decide the price of petroleum products, we could witness hikes in petrol price frequently. On the other hand government says that the tax accumulated from the petroleum companies are helping them to restrict the inflation. But the common man has to suffer ultimately. Should withdraw the power given to oil companies in price decision making. If they do not do this, during the hike of petrol price next time, will we witness the fall of UPA government?
By Anna George, Web Analyst, NichePro Consulting LLC  | 11 15 2011 05:29:09 +0000
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Indian consumer is like a donkey. Nothing can prick him to protest or take action. The government knows it and they are using the oil companies to rob all the people. Otherwise, how can anyone explain the constant complaints of the oil companies executives telling they are losing crores per day when their balance sheet and p&l accounts show enornmous profits? When will the Indian consumer wake up?
By Raju V P, Senior Manager, an International Bank  | 11 16 2011 19:07:30 +0000
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HIKE IS NOT JUST DONE ON FREQUENT BASIS IT IS DUE TO THE PREVAILING MARKET PRICE SOME TIME FORCES US TO TAKE SUCH A HASTY DECISION.
By sudhakar , BUSINESS CONSULTANT  | 11 15 2011 15:45:06 +0000
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