|
Activity:
37 views;
last activity : 01 20 2011 14:54:03 +0000
|
|
|
|
1
Effects consumption patterns
2
subsidies for fuels is votebank politics
3
Subsidy fuels rift in the long run
4
This is Malaidar Portfolio in which with Honesty earning is Enormous
5
Subsidized fuel means overburdened economy
6
should be a shortterm policy
7
Who is answerable to Jairam Ramesh?
8
Artificial growth
9
subsidies fuel????????
|
||||||||||||||||||||||
|
|
Whenever the government offers subsidies it alters the final consumer prices, affecting the consumption patterns in the economy. For example, people buy diesel vehicles because they can obtain the fuel at a lower price. While prices of most goods and services in India are market determined, administered pricing exists in certain sensitive sectors. The government offers subsidies on some goods and services, changing the price at which they are sold. It works in the opposite direction of a tax, by decreasing the final price rather than increasing it. For example, diesel is sold at a lower price than petrol, as it is used by the railways and trucks. An increase in transportation costs would directly lead to an increase in the prices of most food items, which would, in turn, hurt the vulnerable sections of the population. |
3
|
0
by
NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd
| 01 08 2011 18:49:49 +0000
Yes You are right Ms.Leena, moreover the subsidy is not good for our economy in the long run and it is good in the short-term only.
|
Govt's are to be blamed for subsidies for fuels which in a way is to apease Car/Truck Manufacturers. its votebank politics and its not putting money in Mass transit systems. Railways are lagging in looking ahead , roads have become death traps
|
2
|
0
by
SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd
| 02 04 2011 08:51:44 +0000
This is true.
0
by
Phani Mohan krishna, Head/VP/GM- Purchase/Material Mgmt, ANAGHA DATTA TRADE
| 01 09 2011 12:41:51 +0000
Indias diesel is one of the worlds largest Pollutant effecting health. Impact of subsidies of fuels is not only economical but it also is polluting air/water/Soil
|
Subsidy is a good thing - whenever they controller thinks of adjustment akin to international cost hike, this fuels agitation and rifts in the country. The scenario develops cracks in the political parties leading to cascading inflationary trend in other commodities - the most affected in all these changes are the common men who had to bear the brunt of inexplicable high cost!
|
1
|
No supporting Arguments for this idea
|
Remember the case of Natwar Singh & his Son.Subsidy is Eye wash to People. |
1
|
No supporting Arguments for this idea
|
Subsidizing fuels or any item consumed by the society is to lighten the burden on the consumers to enable them to use the product as required and spend on other essential items. But this process makes the economy overburdened because government has to pay for the actual and cut its budget on something essential for the community.It drags the economy.
|
0
|
No supporting Arguments for this idea
|
In a country where a very significant percentage of the population have very little or no purchase power, subsidy is necessary. But subsidy alone is damaging to the economy. While the subsidy is on, efforts on a war footing must be enabled to improve the purchase power of this weaker section. When every oneis empowered with more or less the same purchase power - within a broad spectrum - the economy will become self sustaining and subsidies can be eliminated.
|
0
|
No supporting Arguments for this idea
|
The wonderful minister has raised the most vital question and nobody puts any idea how to solve the imbroglio!
The professionals and business community are buying astronomically costly SUVS(for no apparent necessities other than show-off and vanity) in hordes, claiming depreciation on their balance sheets on one side and running those vehicles with subsidized fuels on the other side.Who are making such laws and rules?And tolerating such practices?Are such subsidies justified?Why the learned Govt.-appointed pandits are keeping their eyes closed ?
|
0
|
No supporting Arguments for this idea
|
Because there will not be all round growth as subsidies would harm that particular sector. When the price is left for open market fluctuation the economy wouldnt be able to absorb its impact. And subsidies would only end up harming the sector as artificial propping up creates a false sense of uncertainty.
|
0
|
No supporting Arguments for this idea
|
Subsidy is nothing but the difference what final consumer pay and the selling prices for omcs.In why view subsidy is nothing but to boost political views because these subsidy is recovered through only 2 ways i.e highet tax or printing notes and borrowings which indirectly affect the aam aadmi or make it more poorer.So it is because economical view is not given that important as compared to political.
Some facts break up of vehicals used in india--
15% passanger vehical
5% commercial
4% 3-wheelers
76% 2- wheelers
So much of the talk in economy is about diesal price subsidy but petrol price are decontroled which if you will see from above that 76% aam aadmi use 2-wheelers, so the govt is trying to whom.
|
0
|
No supporting Arguments for this idea
Add your Idea
Could not find any idea interesting in:
"What does subsidising fuels means for Indian economy?" ?
Click here
to add a new idea...
Found the idea contest
"What does subsidising fuels means for Indian economy?"
interesting ?
Click here to refer to your connections and communities
Viewers also viewed
|
|
Support the price rise. vs Do no support the price rise. |
|
|
269 referals
15 arguments,
4793 views
|
|
|
Bollywood is becoming famous world-wide. At the same time, our Businessmen are climbing the list... |
|
|
49 referals
9 arguments,
362 views
|
|
|
Indians shell out the most in the world for petrol! Already there are a lot of difficulties,... |
|
|
2848 referals
27 votes,
791 views
|
|
|
|
|
|
|
Recent Knowledge (4)
|
|
When we are watching news channels or any other channel or reading news papers you bump upon... |
|
|
2022 referals
11 votes,
200 views
|
|
|
we all know the perils of talking on cell phones while driving. besides being hazourdous to... |
|
|
290 referals
2 votes,
36 views
|
|
|
|
202 referals
3 votes,
125 views
|
Sponsored Jobs
More From Author
On one hand where Moody's downgraded the outlook on India's banking sector to 'negative' from 'stable' S P said it is right according to international standards. At this time every one has different views on the same subject and we have to decide... |
We never know what can be next. All we need to do is to be ready for the rainy day. Save as much as you can. |
So the trend again looks gloomy. Markets are at all time low. Economy again hit. Do you think we are heading towards another recession? |