Saturday, June 12, 2004
The Rs.50000 crore Oil scam in India!
Rediff had an interesting series on why Indians are paying an exorbitantly high price for oil products. The petroleum pricing in India is a big scam and the public is taken for a ride by the Govt officials. Although I'm no supporter of subsidies, it is high time the Govt reduced the duties on petroleum producs and make it more affordable to common man. This would definitely trigger an economic boom with prices coming down, more ppl travelling, etc.
On a side note, I find the cribs by Americans on increasing gas prices amusing. As Jay Leno said, ppl crib abt paying $2.50 for a gallon of gas, but do not mind paying $4 for a cup of coffee!
Real friends are the ones who survive transitions between address books!
Rediff had an interesting series on why Indians are paying an exorbitantly high price for oil products. The petroleum pricing in India is a big scam and the public is taken for a ride by the Govt officials. Although I'm no supporter of subsidies, it is high time the Govt reduced the duties on petroleum producs and make it more affordable to common man. This would definitely trigger an economic boom with prices coming down, more ppl travelling, etc.
On a side note, I find the cribs by Americans on increasing gas prices amusing. As Jay Leno said, ppl crib abt paying $2.50 for a gallon of gas, but do not mind paying $4 for a cup of coffee!
Real friends are the ones who survive transitions between address books!
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