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Bahut hui Junta par petrol diesel ki maar, abki baar Modi sarkar


Trichromatic

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On 7/9/2020 at 10:37 AM, Trichromatic said:

1. Not questioning whether hikes are needed or not. Hikes are needed. 

2. Good intentions - no doubt. Always raise question about competency of the govt. 

3. This particular thread is not about hikes being wrong, but about double standards

Does that surprise you?

Everyone is a Harvey "two face" Dent. One face while in opposition and the other when in power.

 

Have you not heard that Laloo Prasad joke?

Laloo ji was in the parliament and someone mentioned India's huge population and the need for family planning.

Laloo ji said " Hum bilkul sehmat hain. Abaadi ko control karna padega"

Some other parliamentarian pointed out that Lalooji had 9 children himself, to which Lalooji's retort was:

" Us waqt hum opposition mein the"

 

Edited by Mariyam
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5 hours ago, Trichromatic said:

This suggestion was missing when BJP was in opposition. 

Actually during congress era the price rise was due to mismanagement of currency.

 

If you run large deficits naturally the rupee will weaken which means price of oil traded in usd rises for the indian customer.

 

Then there is also an issue of congress sibsidizing oil products with revenues generated in the budget. 

 

So you had a double whammy of tax payers (direct and indirect) subsiding oil and also facing rises at the pump. This was the crux of the argument made by the bjp. It was a neither here nor there fudge all approach.

 

In a nutshell, there is no double standard. The bjp regime has liberalised oil products (for most part).  

 

Those bitching about oil rises basically paid fof oil via taxes in upa indirectly anyway.

 

 

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Just now, Mariyam said:

And get it under the ambit of the GST?

Don't have an answer to that. There's enough problems as it is with center-state expectations on GST & revenue sharing.

 

My main point was although the high overall taxation helps in revenue generation & cutting emissions in a way, the economic effect is severe now & both center & state govts ought to consider some reduction in tax/duty.

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Automobile manufacturers have now started producing more of electric and hybrid vehicles.

 

State governments have already filled out electric and hybrid busses for public transport. Over years the count of such electric transport will drastically increase as old vehicles will be replaced. To me this is a much welcome change. In 1960's we never thought a vehicle would run on anything apart from fuel. Now it is very pleasing to see the world advancing so much and seeing a sizeable number of electric vehicles on road and the increasing sales of electric vehicles quarter over quarter.

 

All of this will result on less import of India's highest import and will save lot of money.

 

Once all of public transport vehicles and lot of personal vehicles are electric or BS6 compliant, there would be a significant positive difference for India.

 

Overall the shift from fuel to electric models now has a stable base and the shift will be much stronger in coming years as the increasing sales figure of electric buses and cars continue to show.

 

Edited by Straight Drive
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global pricing issues, not just limited to India.  

 

Higher prices for petroleum products will boost demand for renewable sources and mobility products using alternative fuel.  

 

Easy for non-residents to take that view, harder for locals who have to shell out money.  But the reality is that Indian government has been artificially subsidizing energy prices for decades, and its a terrible, terrible policy for the country.  

 

There are no easy answers out, and it becomes a balancing act.  

 

For a massively energy-importing country like India, this should not be a political issue but a economic and security related one, but of course, everything from onions to poop becomes political in the "democracy" tamasha.  

 

Would love to see some rational takes on the issue on this thread instead of reactionary ones.

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9 minutes ago, sandeep said:

global pricing issues, not just limited to India.  

 

Higher prices for petroleum products will boost demand for renewable sources and mobility products using alternative fuel.  

 

Easy for non-residents to take that view, harder for locals who have to shell out money.  But the reality is that Indian government has been artificially subsidizing energy prices for decades, and its a terrible, terrible policy for the country.  

 

There are no easy answers out, and it becomes a balancing act.  

 

For a massively energy-importing country like India, this should not be a political issue but a economic and security related one, but of course, everything from onions to poop becomes political in the "democracy" tamasha.  

 

Would love to see some rational takes on the issue on this thread instead of reactionary ones.

Excise Duty On Petrol, Diesel Hiked By 43% And 68% In 11 Months

https://www.ndtv.com/business/excise-duty-on-petrol-diesel-hiked-by-43-and-68-in-11-months-2496202

 

 

 

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