Petrol Prices keep rising

The fuel prices scaled to new highs today with 13 paise hike in both petrol and diesel across the country. Petrol prices in Delhi touched Rs 83.00 per litre, while it is priced Rs 90.35 in Mumbai. Likewise, diesel is being retailed at Rs 74.24 per litre in Delhi and Rs 78.82 per litre in Mumbai.

All members must vote in this poll created in the circle.
https://bit.ly/2Dv1nnw

I feel if the states or Modi ji dont give any relief, we will have a dull Diwali here in North India.

Wake up call for all CMS and PM more  

View all 46 comments Below 46 comments
Interesting hypothesis, prices are being raised out of "national interest". Why not reduce adminstrative, travel costs. Avoid election costs by going fully on line voting, no speeches & gatherings for election speeches (crowd gathering is at taxpayer expense, ultimately). more  
Bringing down the Duties and Taxes on fuel oils will cause the Government's Revenue to shrink--a development which cannot be afforded by the Government. The remedy to this problem is to reduce reliance on fuel oils and, instead, encourage and incentivise people to rely on alternative sources of power like Solar Power, Biogas, Wind Power, Ethanol, Potential Differences between different levels in Sea-water. Even if the cost per Unit of some alternative sources Power is higher, the overall benefit-to-cost may justify replacement of power from fuel oils . The Government may spur research so as to improve the capacity and the life of Batteries. more  
At the cost of Public and increase revenue generated from VAT and Taxes, the Central Government and State Government wants to increase their revenue and waiting for the opportunity to increase their salary and other benefits. more  
All State's Earn More than the Centre. Centre has to Pay also for the Oil bought before 5 years. Choices R limited for Centre while States need to reduce substantially to match appropriate Income. International Oil Prices R expected to Rise further. UPA charged high Prices even though UPA did not Pay or provide to keep aside the Money for Oil. Issued Oil Bond. This means V have been paying with High Rate of International Interest. Modi Ji is ensuring the Oil Debts R cleared n Liabilities not carried forward to next Generation. R V Ready to Understand or Let the Children Pay for our Luxury. Attitude of Modi Ji is Very Clear - Nation 1st. If Society Feels V have a right to cheat our Children - Ask Children to Write to Government their Willingness to Pay. V need to evaluate our Attitude. Ask corrective attitude where it is for Improvement. Jai Hind more  
Unfortunately Mr Modi entrusted the finance portfolio to a lawyer who has mismanaged the economy of the country. There were many stalwart economists in the party who could have been given the responsibility. Even GST implementation was not with detailed planning. When fuel prices went down, taxes were raised on to generate revenue. When it has gone up, he has not bothered to reduce it. Inflation target is being a go by and prices are going up. more  
Post a Comment

Related Posts

    • Plastic in Karnataka Idlis

      Once again food safety in India is a joke FSSAI is clueless and so Are so many state food depts The Karnataka Food Safety Department discovered that 52 hotels across the state were ...

      By Ashima Gupta
      /
    • Income tax notice to expect

      If attached is the extent they are going, everyone needs to look at their inflow as well as outflow according to their lifestyle. Please go through attached. Want income tax department ...

      By Ruchika L Maheshwari
      /
    • Aadhar updation still in nineties mode

      You need to stand in queue for few hours in morning for tokens (only 20 per day) and then wait for your turn like 1980s Government of India should launch online tokens, increase the dail...

      By Ruchika L Maheshwari
      /
    • Selenium in wheat and people turn bald

      Over 300 individuals in Buldhana, Maharashtra, experienced sudden and severe hair loss, traced to wheat supplied through India’s Public Distribution System. Investigations by Padma awardee Dr...

      By Seema Shah
      /
    • Mahakumbh Loot by various agencies

      Today the Dainik Bhaskar paper has carried the LocalCircles survey as main headline of the paper on how people going to Mahakumbh have been subjected to overcharging by all agencies.

      By Seema Shrivastava
      /
    • Toll and Tax loot of India

      200 km toll charges Rs 500 Assuming Car mileage of 15 KM per liter Diesel, Cost of fuel for 200 km is Rs 1300/- Toll Charges Rs 500 Cost of travel Increased by 38...

      By Amit Mishra
      /
    • Society is a multiple reflection of media

      Many inappropriate things are shown in media like use of abusive language, violence, smoking, drinking, details of how several crimes are committed. Media personnel give the argument they show what...

      By Chander Jain
      /
    • Regulation of video OTT platforms must says SC

      I am pleased to share with all that yesterday supreme court reprimanded the Govt and told them to regulate obscene content. Youtube was specifically mentioned.

      By Vinita Agrawal
      /
    • Stampede on New Delhi station

      LocalCircles CEO has rightly put out on social media that despite people listing out concerns of safety, the Ministry has failed to act.

      By Garima Sharma
      /
    • Edible Oil prices

      A weaker rupee is pinching consumers, with cooking oil prices increasing 5% in past fortnight. With 60% imports, the rupee's depreciation coupled with an increase in cooking oil prices at their ori...

      By Garima Sharma
      /
    • Rules for podcast and audio video platforms

      India has taken bad taste, provocative content to the next level with these stupid comedy shows full of crude humour. It doesn’t go with the heritage and culture of this country. I...

      By Ajay Dutta
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)