This is in continuation to the previous post.
http://www.rediff.com/money/2008/may/27oil1.htm
This happens only because of the vote bank politics. I understand that the govt. of India has no control over the international crude oil prices, and hence our oil companies are bleeding with loss. So the govt. has a great idea to bail them out. It’s easy, ask the money from the tax payers.
My point is, why don’t stop subsidizing the petrol and diesel? So that everybody pays what s/he uses. But they won’t do that. Particularly in this election year. The easier way out is to enforce extra cess in our annual tax.
But if I use a bike for commute (because of environmental, economic reasons and commute time) why shall I pay extra tax? To give subsidy to a person who is driving a Mercedes Benz or any other high power low mileage vehicle?? Is it justified to tax me in order to provide petrol at subsidized rate to that fat ass. Why not let everybody pay what what s/he uses? Anybody listening?? Perhaps in the election year, the govt. can’t listen. Sad.
1 comment:
reliance had to close its 1500 petrol pumps because of govt subsidy.. :( .. apparently market price of petrol is some 13 rupees higher than the subsidized price, and that of diesel is 20 rupees higher.. ideally, we should leave it to the market as u pointed out.. but then although we say 'we all are equal'; reality is 'some animals are more equal than others'.. don't see it happening before election next year, or before a recession hits the globe! :(
Post a Comment