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
Posts
The policy maker, who enjoys in ivory tower told the press some time ago that 'he is happy at the price rice'!!This so called economist predicted that petroleum price hike is not going to create inflation, as common man who has to shell out more for this will be constrained to spend for his other needs!. This can happen only in INDIA.... He does all planning for the corporate giants. The biggest danger to come - following the example of petroleum producers, others also could demand price at par with imported products..
ReplyDeleteNow the petrol price in India is at par with Sydney, while per capita income there is 10 time more. Montekji can take pride in the fact that in the market price front, we are at par with developed nations!1