Should we increase the Price?

Hike in Petrol Price - Petrol price has increased by Rs 29 in three years.
@nishant5n (1067)
India
November 4, 2011 6:29am CST
Dear myLotters, This is the question which our (Indian) Government asked to the Petroleum companies! Yes, they literally asked as, "Should we increase the price of Petrol?" What a GREAT question! Who is going to say "NO"?...IDIOTS! So, obviously they got a reply as "YES, the petrol price should be increased." When UPS Government came in 2009, petrol price was Rs. 40 per liter in New Delhi. Today, in 2011, petrol price is Rs. 69 per liter in New Delhi. They have increase it to more than Rs. 29 in less than three years, but still they have right to ask petroleum companies, "Should we increase the price?" Really, what a government we have . Do you think that it was reasonable/appropriate to ask petroleum companies to increase the price of petrol. Inflation rate was about 16% in March 2009. They promised to bring it down to 8% in March 2010, but it was actually 10% in March 2010. Inflation rate was 12% in March 2011. Now they are claiming to decrease this inflation rate of 12% to 7% in March 2012 ---- DO YOU BELIEVE THEM? They are saying that price hikes are due to festive season...huh..What a RUBBISH!
1 person likes this
11 responses
@viju0410 (2286)
• India
4 Nov 11
hi Nishant, This morning even i was watching the news and PM's comments. Rather than the petroleum companies, they should raise the question to public and see what they get. With the increasing cost of everything, they start with petrol, next would be LPG gas, and all one day we all will be at the footpath, walking or cycling! No doubt India is a rich country so the price may go much higher and higher. I too did not understand the reasons of festive season, it is another lame excuse to save their face from the crowd.
@nishant5n (1067)
• India
4 Nov 11
Yes, they are unable check the price hike and blaming other things to save themselves. Petrol prices were increased by more than Rs. 3 on September 15, 2011, and now again. One side they are unable to do anything and on the other side, they are promising for a good future....I see no future under their control. They have failed.
@viju0410 (2286)
• India
5 Nov 11
Promises are made to break! and that will suit our Govt.'s statement. Really, there is no hope for a better tomorrow. One day it will be Rs.100/- and rightly commented by you, Ghee will be cheaper.
@nishant5n (1067)
• India
5 Nov 11
Who cares for a comman man's problem - Who cares for a comman man's problem?
Really, I mean it... Ghee will be cheaper than Petrol as we do not have "a taste" for dairy animals, especially cows and buffaloes... And Government will remain the same... And petroleum companies are out of Government's control on the issue of "Petrol Price." So, the rates will be very much labile towards "profit making".... Government who is unable to bring back India's "Black Money," which itself is in many many million dollars' worth...The Government who is unable to solve the problem of corruption prevailing in the corridors of system at each and every level... (The Government)...has no objection in increasing the price, rather they are asking whether we should increase it or not?!!! A responded from Petroleum Company/ies even said (hope you have seen on TV, some Mr. Batala or something) when asked about petrol price issue as, "We can take back the "petrol price hike" if government says us." But our hypo-conversational Prime Minister Manmohan Singh said, "No" in a clear voice.....gurrr.....(need emoticons) If taxes are removed, it will be sold @ RS 40-INR per liter in Delhi and Rs 42, 43, up to Rs. 45 in other parts of India. But, You Know Viju, as I said, [b]WHO CARES! ....(need emoticons) . .
@thesids (22362)
• Bhubaneswar, India
5 Nov 11
Hi nishant Indian Government? They always have been about themselves... None for the masses. I am quite away from Indian Politics now... I have lost faith and hopes. Nothing will help us out becasue we dont want to get out of this. The people have become so very accustomed to all this that there is no future as I can see it in the near future.
@thesids (22362)
• Bhubaneswar, India
6 Nov 11
I read in today's newspaper - the taxes are 46.00 per litre and that goes NOT for anyone's development but for the Foreign Trips, Security and other PERKS to the Ministers
• Chennai, India
10 Nov 11
Hi Sidhu The 20 year long coalition Government has done enough damage to the common man and economy. (Though they could have lead the ruling party in a progressive way, the coalition parties have used the ruling party only for their self motives.) But, the petrol price hike, I think we can't blame the Government alone.
@nishant5n (1067)
• India
9 Dec 11
Oh Sid, don't say this... We (people) have to do something about our government system one day... It is right that they are burning our hard earned money in their leisure activities, but it is also a fact that they are there because of us only...
@zralte (4186)
• India
5 Nov 11
When I filled my car yesterday, it was Rs. 73 6 months ago, it was Rs. 64 or something. What festive season? India always has the same festive season every year for the past....well, forever. That is such a RUBBISH thing to blame. Do they really think that is going to fly? The Government must be thinking all citizens are stupid.
@thesids (22362)
• Bhubaneswar, India
6 Nov 11
During the last 3 years it has increaded by about Rs. 30/- here and that is a substantial growth ... See, the government is quite environment friendly as it doesnt want anyone in the country to use the Petrol... but a mere increase of 10/- per year... that doesnt help the purpose... maybe thay should make it - 10/- per day and soon many of the vehicles will go off-road and that will ensure safety on Road and also stop some Pollution
@nishant5n (1067)
• India
9 Dec 11
Hi Zralte, By the time I am commenting on your response, they have decreased the price by 84 paisa in Jaipur. But, it has always happened in the past...first they will increase by a good amount in rupees and then will decrease by some paisa. You have rightly said, for them common men is stupid drum. @Sid, well said buddy! They want us all to go green...throw our vehicle and purchase new hybrid vehicles running on batteries so that they can earn from those companies also...in the same manner as they have decided to replace all the number plates....
• Chennai, India
4 Nov 11
It's really time for people to think of conservation or alternative energy. Already we have lot of electric cooking things. Gradually we should replace all our Petrol/Gas driven things into power driven or solar driven. It is obvious the crude oil price is raising in the international market. We should seek the ways to reduce the import of crude and we cannot evade price hike. (If we do, the Government is going to bear the burden, which indirectly will be on us.) I think, in a tropical country, it would be better if we can find anything that runs on solar energy. (We are more depending on inventions from other countries, where they rarely have summer. We should find it ourselves.)
@nishant5n (1067)
• India
4 Nov 11
Well said, but they are not giving proper subsidy on alternate energy resources. At present, solar equipments are not in the reach of middle class. Even solar water heater costs very high and in such situations, people cannot think about using solar energy for household equipments.
• Chennai, India
10 Nov 11
Yes, they are not giving subsidy for alternate energy, but they can't give unless they stop the subsidy they currently give to gas. (Yes, Government is subsidising the domestic gas supply.) And, in the current situation, they will face a tough criticism from the public if they stop it. The solar energy equipments need sufficient space too, that's a main drawback where people live in a group of small huts. (Previously there was an attempt for promoting Bio-gas equipments, but that too required a large open space.) But, Government can attempt to use solar energy in Public offices and other areas. Though the cost may be the same, but at least it can help reduce the import of crude oil.
• Canada
5 Nov 11
Government is all the same everywhere nishant, I don't think anybody cares. Lets give them some credit, at least they asked somebody! they asked rich people whether or not they wanted to become richer so that the government officials can rake some more bribe from them. If middle income or poor people will get some money then also the middle income or poor will not have anything left to give as a bribe so why not make rich more rich and get something out of them?
@nishant5n (1067)
• India
9 Dec 11
Well said Tiwari Ji. The same think just happened in case of foreign wholesale/retailers, first they fill their pockets with bribes and now they are hiding their face...seeking a way to get out of it... In a sense, it looks like poor people make government for rich people...
• Philippines
5 Nov 11
tsk...tsk...tsk.... Seems we were in the same shoes when it comes to petroleum prices. Though here (Philippines) the culprit came from a congress party list representative who controls the prices of the Liquified Petroleum Gasoline(LPG) we use for cooking. Allegedly they made the cartel in dictating the prices of how much LPG will increase and every LPG company were instructed to abide by it. These congress representatives role in our government were supposed to make our lives easier and not cut our throats with high prices of cooking gas. Then election time, they kneel to us voters to vote for them and now they are the ones who are killing us. Who shall protect us now???
@nishant5n (1067)
• India
9 Dec 11
Since we have voted them and given them that responsibility, we have to bear the consequences... Actually, people learn from experiences, especially the bad experiences... So, it is high time for you all to learn from mistakes and do not vote them in future...
@shibham (17025)
• India
4 Nov 11
Government? stop buddy. Go to hell our government. Here, its 72 INR.
@nishant5n (1067)
• India
5 Nov 11
Shibam, if somehow taxes are removed, it will be 42 INR at your place, BUT WHO CARES!
@akp100 (13289)
• India
4 Nov 11
That's really scum answer.. Its above 73Rs here.. And its really annoying. Now I think even my bike is giving me costly ride. Too bad. How can they ask such question to Oil companies ?? The answer from them is surely predictable from anyone.. I guess it will be cross 100(century) very soon.
@nishant5n (1067)
• India
5 Nov 11
Yes, for sure one day Petrol will be costlier than Ghee. You now, if taxes are removed then petrol will be only Rs. 40 per liter in Delhi and about Rs. 44 per liter at your place. But who care about removing taxes. They have to collect tax from us at all conditions...in terms of income tax, service tax, VAT, and much more... We are the payers of all kind of taxes....Government is receiver of all kind of profits. They are unable to bring black money in India from Swiss Bank. They are unable to decrease the rate of corruption in our country. They are unable to decrease the fiscal rate.... BUT YES, THEY ARE VERY ABLE TO ASK "SHOULD WE INCREASE THE PRICE OF PETROL."
@mohkanari (1957)
• India
4 Nov 11
Government's action giving permission to hike the price is irresponsible attitude to common man. They say inflation is serious and hike petrol price in the next day which cause more inflation. Common people's sufferings are never considered. Government's commitment to common people is now in suspicion!
@nishant5n (1067)
• India
5 Nov 11
This government has always been irresponsible for the miserable condition of common man. The number of frauds and corruption scandals tell the story about this government. They are having no affair with common man. The PM has no tongue to speak with. He always remain quiet and stars at Sonia to say something...what a government.
• India
9 Nov 11
Sir now a days every petrol companies getting lots of profit . But India is only one country where everything happen opposite to its people .They do what a government want ..
• India
7 Nov 11
I think the only solution for this problem is to switch to diesel cars or may be they should invent a diesel fuelled motorcycle because our govt says that petrol is not a common man's fuel but diesel is! They think 100 times before increasing the price of diesel but they hike price petrol price whenever they want.The funny thing is that the rich people who own costly SUVs ,which has very low fuel efficiency ,takes advantage of the lower disel price and not so rich people who owns 100cc bikes and small cars have to use costly petrol.The govt is never going to adopt dual pricing for diesel.Why cant they sell diesel at higher price for private cars and other fuel hungry vehicles?