Saturday, February 2, 2013

Diesel Subsidy Withdrawal For Bulk Customers



Diesel Subsidy Withdrawal For Bulk Customers
In Chennai, when you go to a patrol bunk and diesel as a retail customer, you have to pay Rs 50/-per litre.
If the same diesel is brought by the state road transport corporation or by the Railways, it is sold at Rs 61/- per litre.
Why should there be subsidy to the retail buyer and why should the public transport bodies pay more?
They are not going to absorb the cost themselves. The logic is that the implication on the extra load which will come on the purse of the common Man is not foreseen and this is reflective of the present day’s illness in public administration’s decision making.
When the decision makers are insulated from the public, you cannot expect anything different.
We can expect similar quixotic decisions favoring big business and leaving the common man high and dry. Inflation of the worst sort in India, while the developed world economies are shrinking and suffering from lack of demand.
If the government is so much captivated by the idea of market efficiency, then the government   state transport corporations should be disbanded, railways should be privatized. Both of which ,of course , are not going to happen