It’s been shooting, higher than ever before; the oil prices in the katcha market have gone so high. 130 USD$ a barrel and Indian government is still trying to play the game of wizards with the Indian Citizens.
The communists have threatened the govt, that they should not increase the fuel cost. They think they are helping the common man, or trying to woo the voters, whatever it is, it’s just a gimmick.
If the there is no hike in oil price, the availability of oil is again low as the oil retailers cannot run into heavy losses. There is a huge demand for petrol and diesel in most of the cities. This in turn increases the prices of other commodities like milk, vegetable, sea food etc, which depend mainly on road transportation.
Now there has been a suggestion to add a fuel cess to the Income tax banner, similar to that of education cess. Just by collecting money from the tax payer is no different from hiking the petroleum prices, as it all amounts to be the same in the perspective of common man. Why does a postman who cycles through his village in the hot sun needs to bear the fuel cess as tax?
The solution is not in identifying from where the money would come, but is in finding from where the resources would come from. The Iran-Pakistan-India pipeline project is moving at snails pace.
Why are the red flag holders, blocking the Indo-US nuclear deal. The nation’s progress is halted and pity the helpless dummy puppet government at the center. When there is some mutual benefit for both the countries, it’s foolish to think that we are risking our sovereignty.
