Do you think government is really helpless in controlling the prize hike of petrol-diesel & other commodities?

The Indian government's policy of appeasing the people by

subsidising many items heavily just to score brownie points to win their votes has at long last boomeranged.This time around,if the government had not raised the prices of

gasoline,the public sector oil companies would have all turned sick.Of course the Left parties contend otherwise

saying that customs and excise duty on oil imports could still be cut.Yes,they could be cut and the result would be

disastrous.Funnily when the center suggested that the States themselves provide relief by reducing sales tax and other duties levied by them,everyone agreed but soon found that the shoe started to pinch.The Left ruled West Bengal which is doddering already could not afford to absorb any burden,

because it has squandered all its resources on its populist programs and is surviving only on the grants from the center.

So these guys instigated other states to start crying foul and have now asked the center to bear part of the burden.

None of our neighbours are able to sell gas cheaper than we do.As far as production of commodities are concerned ,it is the middle man who profiteers at the cost of the end users

viz.the people.Disabuse yourself of the notion that the

government can effectively hold the prices of petroproducts.

Price rise on this front is a world phenomenon and has a

cascading effect on prices of other commodities and

essentials.

The hike in petrol cost replaced into necessitated because of strengthen in prices of crude oil contained in the international marketplace, Union Finance Minister Pranab Mukherjee suggested. "the cost of crude oil contained in the international marketplace has touched $ninety a barrel. Petrol prices were deregulated already. So the hike in cost replaced into in parity with international prices," Mukherjee suggested. even as shoppers are positively unhappy and the country's competition political activities have all started to take advantage this disappointment, the Union authorities had no selection yet to hike petrol prices. Analysts say that there is no convincing case for subsidising petrol, in spite of if there can nonetheless be some case for subsidising diesel and kerosene. those are all previous arguments that were lengthy surpassed through for over a decade now. It replaced into the so-called 'R crew', headed by using economist Vijay Kelkar, a former petroleum secretary, that first laid out the line map for deregulation of petrol and petroleum product prices over a decade in the past, suggested a organisation accepted list some days in the past. The argument is depending on the easy idea that an import-depending u . s . a . like India won't be able to discover the money for to inspire intense intake of power in line with unrealistically low prices. =========================== Butter Flutter

Lady, if you were to seriously think about it, you would come to the conclusion that all the major issues confronting this county have been caused by government itself. We would be better served if Congress, the Senate, and President went on vacation. Every time government tries to help someone they create additional problems. In case you don't it was Congress that required lenders to give loans to people who would not ordinarily qualify at rates and conditions which would cause the person to default while the Congressmen and Senators got sweet heart deals from the very same lenders. Now the very same Congressmen and Senators want to give the lenders a bail out. Sounds about right.

Just give me one example of when government actually did some good. In case you don't know our government is full of self serving lawyers.........other wish known as bottom dwellers. They make nothing, they don't do a damn thing except mess things up worse than they already have. And now we have two political candidates offer us more government. Give me a break! They suck! Hold on to your wallet when the Domestics get in we are all going to hell. If the republicans get in we are going to hell, but just a little slower. Good luck one and all.

Ya Government is really look helpless in controlling the prize hike of petrol-diesel and other commodities. Its not in their hands. Inflation in not the problem alone for India. Its world wide phenomenon.

It so seems that government are helpless...but if 1 peep into the reality, 1 will find that politicians are always trying 2 fill up thr pockets from the taxes collected by us.....

U c each and every item sold or manufactured and even services are highly taxable by both central and local state governments which makes the prices almost or more than double the real prices.....

So, politicians are to be blamed and they r the dacoits...............%^#%@@

Unless prices are rationalized across the board, the country is going to suffer in the longer run. We surely need to hike the petroleum prices in keeping with the world wide hike in prices. Communists may not be doing a service to the people by not allowing petroleum prices to be raised.

However we should keep a check on food prices by allowing cheap transportation of the food products, especially the cereals and staple diets. Subsidy should be given on making the system work for the common man and not necessarily be given to the common man. In the garb of common man, it is the rich and communists who actually are benefiting by the prevailing forced subsidies.

I think so that governament is not really helpless.it will depend on the politicians who work for the society.today's politicians will think about their party and party's fund.

They think how to scold the people and to grab the money from them.central gov.t is not concentrating on that society cheaters.I think it's just sample information to know about politicians.even we have crores of black money in india.If central gov.t will concentrate on it we can control on it .even dubai & other neibhouring states are controlling it "why can't we do it?".

NO, there was an article today that had experts testifying before congress saying that gas prices could be cut in half if the stopped the excessive speculation.

yah, it will not stop and inflation will increase

no