Re: The Official Fuel Prices Thread Quote:
Originally Posted by ashis89 Regarding expenditures, I can see work being done at the ground level, I have seen new toilets being constructed in remote villages which I have crossed during my road trips. I am not affiliated or a supporter of any political party at all. But I appreciate good work or at least, an earnest attempt to do so.
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Toilets are being build to improve global rating of the country and not to help the poor. Now there is a marked difference between doing the work and mere publicity. If toilets are being built by petroleum revenues alone, why are we being charged swachh bharat cess? If all the funds from swachh bharat cess alone is used to build toilets, open defecation will be over in a year. Quote:
Originally Posted by ashis89 Now coming to the relevant topic - Fuel. Let me share some points. - Fuel is a source of pollution.
- Import of fuel causes trade deficit.
- Fuel is MOSTLY used by people who can afford to buy it (for farmers, we have subsidies).
- High fuel prices can cause inflation. But right now, inflation is within limits.
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While I agree with your first two points, I completely disagree with your third point. Petrol is filled by middle and lower middle class more.
Diesel is mostly used by transporters(those funky SUVs are very low in percentage when you take in account the whole nation) any hike in diesel prices will increase transportation prices. With high transportation prices agrarian crises has increased further, farmers are unable to transport their produce, not to forget the high cost of production.
Is controlled inflation alone a indicator or a dipstick to measure effectiveness of fuel pricing? This is the propaganda used by Government and is not an accurate way to tell the fuel pricing. Quote:
Originally Posted by ashis89 After knowing all the above, why should the Govt. incentivize the sale of fuel? Gone are the days of fuel subsidy which spoilt us. The higher taxes are to discourage people from buying fuel or reducing their consumption, just like cigarettes. If we still want to continue using, we pay slightly more and enjoy redlining our car without any intervention.
Some calculations, assuming heavy usage:
Price of petrol: 76
FE: 10
Distance covered per month: 1000
Fuel: 2000/10 = 100 lits.
Cost: 7600
If price increases by 10
Additional cost: 1000
If I mind this hike in expenditure, I could trim my usage a bit to reduce my fuel bills. If I need it then I will buy it anyhow. |
Why are you considering petrol prices alone, talk about the effect of Diesel price rise as well.
Good job comparing cigarettes and Fuel Quote:
Originally Posted by ashis89 Educated people who think we are being robbed, must have a look at this report below. Indian gasoline price ($1.16/L) is almost at par with the global average($1.15/L). There are several countries in the world which are experiencing bigger LOOT. https://www.globalpetrolprices.com/gasoline_prices/ |
Come on, you cannot compare the pricing with other global countries where infrastructure is better, Now to give you an example, Most cities and highways are choked and the amount of fuel burned in traffic jams ensure losses of crores. In countries like Britain and US have amazing infrastructure, you cannot compare fuel pricing with other countries.
And yes all on this forum are educated enough to understand that we are being taken for a ride in the name of building a better nation. Quote:
Originally Posted by ashis89 Have we ever thought about income taxes and where do they go? We pay a lot more money as taxes every year. It's like Govt. income is directly proportional to our success. ![LOL](https://www.team-bhp.com/forum/images/smilies/LOL.png) |
What is there to LOL about it? The government should be accountable to its citizens and before the budget they should show us how each rupee is spent. This is to be done on a regular basis year on year.
The problem is people are trying to justify things which they do not understand fully. Quote:
Originally Posted by ashis89 PS: I am a normal IT guy who feels sad or angry when petrol price rises by 50p. But then I think about what I mentioned above and then calm down. |
PS: You keep saying this, I don't think you mean it.
Pramod
Last edited by GTO : 28th February 2018 at 17:54.
Reason: No need to be rude or indulge in name-calling (e.g. keyboard warriors)
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