Mahitha Kassireddi

Mahitha Kassireddi http://blogs.fullhyderabad.com/showblog.php?blogId=1447 This blog is created to share my views on various related topics such as social justice,economy, education,curreny affairs,movies and many more. mahithakasireddi@gmail.com 2023-08-30T22:45:43Z THE NATION AND ITS OIL TRAGEDY http://blogs.fullhyderabad.com/showblog.php?op=ViewArticle&articleId=6208&blogId=1447 <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">Hey girls! How many of you have heard this from your guys? “Sorry Baby! No more long drives!”  and how many of you boys have started bargaining at home for extra pocket money?</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">How many working employees have shifted to public transport from driving your own vehicle? and How many of the opulent have bought diesel cars?</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">Since May 30<sup>th </sup>all that I observed is that the radio jockeys have nothing else to talk but about the petrol prices, and good news, they have started giving away 5 liters of petrol as a gift to the winners of their shows. The anchors in news channels are discussing this issue so intensely like as if nothing else is happening in the country. The critiques have found an apt situation to crack a new series of petrol-government jokes. The social media is filled with hate massages from public and not to forget the cartoons and pictures being shared to express anger. </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">Well, jokes apart. The already cribbing people about many things were woken up on the morning of May 30<sup>th</sup> with dismaying news of the sudden and biggest hike of Rs 7.54 per liter petrol. Thanks to the agitations carried out by the opposition and the congress led coalition party which helped in urging the government to review the prices once again on June 2<sup>rd</sup>. </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">Usually when a major change occurs it is obvious to look around like as if who should be blamed. I know everybody would say that it’s the government. But, my brothers and sisters it is essential for all of us take cognizance of the factors lying behind the change.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">The three parties who have a hand behind the scenario of the price hike are the OMCs, the RBI, the Government and off course we the citizens. Will you agree if I say that you and I are also responsible for the hike that happened eight days ago? Do not be offended, I am not taking a pro- government stand. Truth lies in the thin drawn between for and against. Let’s see what each one has to say.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <strong><span style="font-family: 'Times New Roman', serif">What the OMCs had to say…..</span></strong> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">First of all let me give you some statistics of the currency figures that the oil companies are churning or rather I should say loosing. Diesel is currently sold at a loss of Rs 15.35 a liter, Kerosene at Rs 32.98 per liter loss and Rs. 479 on the sale of every 14.2 kg domestic LPG cylinder.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">The Three public sectors firms have together lost Rs 138.541 crore on 2011-12 and projected to be going to loose an astronomical amount of Rs. 193.880 crore.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">They have been making themselves heard continuously from the past two months and lastly have also threatened the government of increasing the prices if they don’t either cancel the taxes imposed on them or provide subsidies.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <strong><span style="font-family: 'Times New Roman', serif">What the government had to say….</span></strong> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">Due to the latest development in the petrol prices, the already unhappy UPA has been labeled ‘pro-rich’. But, sadly the poor government is left with absolutely no option due to the miserable performance of the rupee against dollar lately. By increasing the petrol prices the government has partially attended to the problems of the oil companies. After all they cannot be allowed to continue longer in the red.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">As we know that the government has done a second review to the prices of petrol on June 2<sup>nd </sup>cutting down by Rs 2.04. This was possible due to the revision of the rupee position.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <strong><span style="font-family: 'Times New Roman', serif">What the RBI had to say……</span></strong> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">How many of you understand inflation? It is one baffling term in economics and you need to do some study to get a picture of it. The general understanding is that a rise in price of all the basic commodities is called inflation. The economists have a better picture than us.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">The RBI has insisted that the government should increase petrol prices as it would lead to a healthy inflation which in a long run, that is in about 6-8 years will help in bringing about a sustainable growth in the economy. </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">The reason why the diesel prices are not touched is that the major transportation of food and all basic commodities is done through heavy vehicles like lorries which run on diesel. If diesel prices go up then the burden will directly fall on the common man. So, this is not bad, is it?   </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <strong><span style="font-family: 'Times New Roman', serif">How are you and I responsible…….</span></strong> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">For a while let us all stop being hypocritical and confess to some details. How many of us take out our cars, bikes and scootys to travel to destinations which are less than half a kilometer?.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"> Review the number of times you took out your vehicles when it was not that necessary at all. How about adopting some petrol saving measures? How many of you have sincerely put your cars in off mode while stuck in traffic for long hours. We are forced to use the oil resources till the last drop thus leaving nothing for the posterity. </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">Talking of cars which have a capacity of at least four people are driven by a single person adding to traffic and pollution on the road. Luxury makes us lazy. Imagine if all the single person carrying cars can be removed from the road by shifting them to public transport.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">What is wrong in using the public transport, after all we are paying taxes.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">Have any of you thought about using a cycle, at least for short distances, like to your collage? I know, we are so damn meager in our thoughts and attitude that we can’t allow others to make fun of us. All of us are living in the same environment and it is each one’s responsibility to make this place a better place to live.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">We should all aim for a pollution free environment. By increasing fuel prices the government is silently promoting the GO GREEN movement</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">I say that the prices should always be up so that it would reduce the consumption rate of petrol and help in saving some for future.   </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <strong><span style="font-family: 'Times New Roman', serif">Is petrol in India really the costliest?</span></strong> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">To help you understand here is some data:</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="font-family: 'Times New Roman'; border-collapse: collapse; border: none"> <tbody> <tr> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 67.55pt" valign="top" width="90"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <strong><span style="font-size: 9pt; font-family: 'Helvetica Neue', serif; color: #888888">Country</span></strong> </p> </div> </td> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 64.85pt" valign="top" width="86"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <strong><span style="font-size: 9pt; font-family: 'Helvetica Neue', serif; color: #888888">Price is Rs</span></strong> </p> </div> </td> </tr> <tr> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 67.55pt" valign="top" width="90"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">Pakistan</span> </p> </div> </td> <td style="border-style: none solid solid none; border-bottom-color: #a3a3a3; border-bottom-width: 1pt; border-right-color: #a3a3a3; border-right-width: 1pt; padding: 4pt; width: 64.85pt" valign="top" width="86"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">59/-</span> </p> </div> </td> </tr> <tr> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 67.55pt" valign="top" width="90"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">China</span> </p> </div> </td> <td style="border-style: none solid solid none; border-bottom-color: #a3a3a3; border-bottom-width: 1pt; border-right-color: #a3a3a3; border-right-width: 1pt; padding: 4pt; width: 64.85pt" valign="top" width="86"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">72/-</span> </p> </div> </td> </tr> <tr> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 67.55pt" valign="top" width="90"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">Nepal</span> </p> </div> </td> <td style="border-style: none solid solid none; border-bottom-color: #a3a3a3; border-bottom-width: 1pt; border-right-color: #a3a3a3; border-right-width: 1pt; padding: 4pt; width: 64.85pt" valign="top" width="86"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">75/-</span> </p> </div> </td> </tr> <tr> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 67.55pt" valign="top" width="90"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">Australia</span> </p> </div> </td> <td style="border-style: none solid solid none; border-bottom-color: #a3a3a3; border-bottom-width: 1pt; border-right-color: #a3a3a3; border-right-width: 1pt; padding: 4pt; width: 64.85pt" valign="top" width="86"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">78/-</span> </p> </div> </td> </tr> <tr> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 67.55pt" valign="top" width="90"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">Japan</span> </p> </div> </td> <td style="border-style: none solid solid none; border-bottom-color: #a3a3a3; border-bottom-width: 1pt; border-right-color: #a3a3a3; border-right-width: 1pt; padding: 4pt; width: 64.85pt" valign="top" width="86"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">94/-</span> </p> </div> </td> </tr> <tr> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 67.55pt" valign="top" width="90"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">Hongkong</span> </p> </div> </td> <td style="border-style: none solid solid none; border-bottom-color: #a3a3a3; border-bottom-width: 1pt; border-right-color: #a3a3a3; border-right-width: 1pt; padding: 4pt; width: 64.85pt" valign="top" width="86"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">108/-</span> </p> </div> </td> </tr> <tr> <td style="border: 1pt solid #a3a3a3; padding: 4pt; width: 67.55pt" valign="top" width="90"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">UK</span> </p> </div> </td> <td style="border-style: none solid solid none; border-bottom-color: #a3a3a3; border-bottom-width: 1pt; border-right-color: #a3a3a3; border-right-width: 1pt; padding: 4pt; width: 64.85pt" valign="top" width="86"> <div class="MsoNormal" style="margin-bottom: 0.0001pt"> <p style="margin: 0px"> <span style="font-size: 11.5pt; font-family: Georgia, serif; color: #333333">120/-</span> </p> </div> </td> </tr> </tbody> </table> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px">   </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">Actually, I could have concluded here but I do not want dilute your brain with a one sided opinion. All this was happening on one side of the wall I would also like to project the other side.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">No doubt the rupee’s depreciation following the euro zone debt crisis has caused all the chaos. It is the government’s responsibility to take measures to improve its performance.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">In regard of the petrol prices, the government as I said is not totally at fault but in a way it is responsible. The main reason the public and the opposition were agitated is that in 2011-12 the prices have already been reviewed five times and this was an exhorbitant rise. The OMCs have been pressing the government on this issue frequently but the government paid a deaf ear. This had to happen anytime as a result of not acting at the right time. A periodic revise in the prices would have been better than throwing the burden all at once.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <strong><span style="font-family: 'Times New Roman', serif">Public Transport</span></strong> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">How many of us are satisfied with the public transport facilities? Once we opt for going by a bus we should also be prepared to spend more time on travelling unlike when we have our own vehicle. The government needs to spend more on the transport infrastructure in order to increase flexibility and speed.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <strong><span style="font-family: 'Times New Roman', serif">Why only “aam admi”?</span></strong><span style="font-family: 'Times New Roman', serif"> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">The burden of the rise in petrol prices has to be borne not by the ministers who use the government vehicles less for official purposes and more for personal things like picking their children from school or for going shopping with family, not by the ministers who travel foreign countries on official duty but majority of the times when it is was not that necessary. The burden has to be borne by the aam admi.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif">We are like non-combatants here.</span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="font-family: 'Times New Roman', serif"><br /> </span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="background-color: #fafafa; font-family: 'Times New Roman', serif">After aggregating the per liter cost of crude oil, processing cost, dealer commission, overhead and transport cost, the original price of petrol would amount to Rs 45 and the remainder is the result of various duties and taxes imposed by the government. The OMCs pay a Rs 14 excise duties and Rs 18 VAT totaling up to Rs 32 per liter. Coming to a bad end, today, the price per liter petrol in major cities is not less than Rs 73<span class="apple-converted-space">.(approx). Adding the new rise of Rs 7.54 per liter, it costs at least Rs 80 per liter.</span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span style="background-color: #fafafa; font-family: 'Times New Roman', serif"><span class="apple-converted-space"><br /> </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">Why can’t the state share the burden too? In our country where there are states like Andra Pradesh which taxes at a highest rate of about 34% there are also states like Uttarakhand, Kerala and Goa where there is absolutely no tax. The state governments should relieve us of the taxes imposed by them.</span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"><br /> </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">The Finance Minister Pranab Mukherji has insisted the state governments to call off taxes at state level responding to which the Andra Pradesh government has cut down on the VAT by 2%.</span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"><br /> </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><strong><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">Turning out to be a pro-rich economy…..</span></strong></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">Another non-combatant here is the automobile industry. Yes, I am talking about the diesel cars. Keeping the diesel prices untouched is no solution to the situation but will give rise totally different consequences.</span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"><br /> </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">The demand- supply is a straight and easy one. With increase in petrol prices, the demand for petrol cars will come down and will generate a demand for diesel cars. Taking advantage of the situation the prices of diesel cars will be shot up as the rich can however afford them. Oh yes, the Indian roads would look fabulous with costly cars moving around. This will now give rise to a large gap in sales of petrol and diesel cars.</span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"><br /> </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">Can you understand the irony here? The rich are buying diesel at subsidized prices. Thankfully, the center has announced a new excise duty to be imposed on diesel cars responding to wide critisizism from all sides.  </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"><br /> </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><strong><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">Are we really affected by the price rise?</span></strong></span><span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"></span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">Now, has anybody stopped using your bikes or cars on account of this development in the fuel price? I bet none! The prices will again be reviewed on June 16<sup>th</sup> and from this time we will be able to absorb any shock.</span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"><br /> </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">All we can do is to adopt oil saving techniques and use our vehicle judiciously. Walking a few distances is good for health. And when situations are too scary simply shift to public transport like buses or trains for a day or two or use cycle rickshaws for short distances.</span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"><br /> </span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif">All you boys can enjoy the extra pocket money under the disguise of petrol and take your girls out of a long walk.</span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px"> <span class="apple-converted-space"><span style="background-color: #fafafa; font-family: 'Times New Roman', serif"> </span></span><span style="font-family: 'Times New Roman', serif">   <span style="background-color: #fafafa"></span></span> </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px">   </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <p style="margin: 0px">   </p> </div> <div class="MsoNormal" style="font-family: 'Times New Roman'; font-size: medium; text-align: justify"> <br class="Apple-interchange-newline" /> </div> General Social Life 2012-06-25T20:15:21Z mahithakasireddi@gmail.com