| Topic : Another price hike |
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Posted in Community :
Energy Professionals
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Activity:
Question posted: 05 16 2011 16:22:31 +0000,
4 answers, 266 views, last activity
05 24 2011 07:38:09 +0000
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According to the studies the petrol price from initial to final is 34 Rs only till petrol pump but it is available at 70 Rs. Rest 41 Rs is going to government's pocket. this includes tax like excise vat and ses.
the excise for airlines fuel is 3.7 Rs where as for automobile fuel is 14.78 Rs. Is this justice of Indian government????????
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Answered by
Ashwani Kumar Srivastav, Associate Manager - Distillery, EID-PARRY (Murugappa Group)
| 05 23 2011 13:27:45 +0000
Thanks All,
For your support. government is justifying by saying that the domestic LPG price is much more in neighbouring countries than ours.
For this we can thank them for thinking of common men but they should thing over petrol and diesel issues also.
Again the news are like that again 2 Rs is expected to rise on fuel prices..........
Answered by
S. Muralidharan, Executive Director, Knowledge Foundation & Campus Around the Corner
| 05 16 2011 17:56:18 +0000
Such petrol price hike is certainly not justifiable, as more than 50% of the amount collected goes to the Government coffers by way of taxes, levies, etc., and the enhanced rates are not really helping the oil companies, anyway! If our PSUs, viz., IOC, ONGC, ONGC Videsh, BPCL, HPCL and Oil India Ltd. are managed professionally, we would not be seeing this price hike in regular intervals. Politicians have no concern for common man, as the common men have ditched them not allowing them to earn at their will for the residual term. Now, its their turn to show their supremacy!
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