मयंक मानिक
Will petrol price in India continue to rise?
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vishal tiwari
sachin Kumar
In current scenario, there is a huge raise in supply of crude due to new means of production from shale resources, especially in United States.
Usually, OPEC countries used to respond to these sort of falls by cutting production of crude. This time they are not cutting production in order to bleed off investment in shale assets by American companies.
Shubham sharma
Govt of India , use this substantial tax revenue on Defence, DRDO, Space research, budget cover etc. etc. Lack of this , would have kept our country’s defence itself in ?. Defence requirements since independence hv grown multi fold & is not coming down. More so imminent Chinese threat make us to spend more or ever increasing defence outlay.
Shubham sharma
Govt of India , use this substantial tax revenue on Defence, DRDO, Space research, budget cover etc. etc. Lack of this , would have kept our country’s defence itself in ?. Defence requirements since independence hv grown multi fold & is not coming down. More so imminent Chinese threat make us to spend more or ever increasing defence outlay.
Shubham sharma
Govt of India , use this substantial tax revenue on Defence, DRDO, Space research, budget cover etc. etc. Lack of this , would have kept our country’s defence itself in ?. Defence requirements since independence hv grown multi fold & is not coming down. More so imminent Chinese threat make us to spend more or ever increasing defence outlay.
Preeti Taneja
Perhaps till December and January (2019) when 4 states are going on the election - Mizoram, Rajasthan, Chhattisgarh, Madhya Pradesh, the last ones before General Election 2019.
It’s quite worrying that even with how the central government manipulated the petrol and diesel price just to, in a way, entice voters in BJP’s favor in Karnataka, many people are still taking this lightly. It’s no joke. In fact, it is no less heinous than handing voters a sum of money during election season.
Imagine, they do this during the upcoming general election 2019. If people are so easily manipulated with the change in fuel price, BJP can certainly pull the strings to lower the petrol and diesel price and sell this move in election campaigns. And not just that. If such tactics deliver good rewards for the party in power, as we saw in the Karnataka Election, BJP wouldn’t exactly stop with just the fuel price. They can deflate the price of many consumer goods. The new Finance Minister Piyush Goyal is more likely to do such things than former FM Arun Jaitley—regardless of how much unemployment the deflating measure causes. Because unemployment is already India’s biggest problem today, yet no one is really talking on it; no one would care more if it increases even more. By reducing the price of products, the sold-out media will go gaga over it, eventually making viewers believe that BJP is a Messiah.
I am not being cynic—just realist. How easily BJP used fuel price to manipulate the voters of Karnataka, they can do that on the national level for the upcoming general election 2019. (Remember, for three weeks before Karnataka election, the price of the fuel didn’t increase even the slightest.)
It’s a smart move on their part. But worrying for the rest. If people make voting decisions on the basis of consumer goods’ price, the party in power can easily use this tactic every time to come in power. This tactic is more effective in appealing the poor people and working-class families—both of the segments aren’t the BJP loyalists.
So, here’s what will happen now about the petrol and diesel price:
· Petrol and diesel price has risen across Delhi, Kolkata, Mumbai, and Chennai for 5 straight days. And if what analysts say are to be believed, this upward price trend will continue for more days.
· The government will continue adding income to its pockets by ineffectively pricing not just the fuel but other consumer goods as well.
· As we approach the end of December and start of 2019, we would see the prices of all these items going down gradually.
· The BJP and RSS led government will announce a range of subsidies and concessions in the runner-up to General Election 2019.
· The media – that never talks about the rising price – will start talking obsessively about the falling price. This will create a perception in the minds of voters that BJP has done a great job.
· And hence a lot of votes will go to the BJP.
Again, some may call this a cynicism on my part, but believe it that it’s a well-thought strategy on BJP’s part. At a time, when petrol and diesel price is low across the world, we are selling the fuels by as high as Rs 25 per liter. Why? The ruling party has this room of Rs 25 to manipulate the voters.
With all these developments happening, even if you’re an apolitical person, you should definitely get worried about what’s going to happen as we approach general election 2019.
Ambrish Singh
(16 Jun, 2018)
The prices of petrol and diesel in different cities across the country rose yet again on Friday, September 15, under the dynamic pricing of
Shekhar Chandra
(29 May, 2018)
I wonder where are all Modi Bhakts!! This is ridiculous, in Delhi its 80 Rs/Kg . In 2014, Mr. Modi went ga-ga over the rate reduction. Where