Nikhil Sir I would say that it is not fair to increase the petrol prices every now and then. Today I was shocked because our Finance Minister - Mr. Pranab Mukherji said that due to festive season the food inflation has peaked to above 12%.
So as the food prices are going high and if petrol and diesel prices goes higher it will be very difficult to roll back the prices. Because market is reacting like "What goes up stays up".
Hence, It is necessary maintain balance between food prices and the fuel prices together."Don't Worry about Results, Its time to Perform every now and then" - Pravin Chavre.
Good news for every one government thinking on reduce the prices of petrol. As per recent news 35.50 Rupees are the taxes (central, state government and municipal corporation) which increases petrol prices up to 76.43 Rupees. If Government reduces the taxes then might be petrol prices reduces up to Rupees 5 per liter.With Best Regards, Vilas
The rate of petrol reduced by 2.26 Rupees by Government of India. This is first time after big interval government had reduced petrol prices. Hope their is no more increase in petrol rates.With Best Regards, Vilas
Yes Vilas sir, now we can hope that there will be no hikes in petrol prices again and again. Now it is said that the government will take decision on petrol prices, if any increase or decrease, every 15 days."Don't Worry about Results, Its time to Perform every now and then" - Pravin Chavre.