Re: [HumJanenge] Current dissatisfaction with increase in Petrl prices

One more point to add, de-regulation has now happened bur tax
rationalisation has not happened.

The denocractic govt. of India, and Indian states should not be
allowed to tax such an essential commodity to a larger extent.

Dr. Singh is right to advocate de-regulation of gasoline. Steps are
also needed to rationalise the Tax structure on petrol.

Thanks
Abhinav

On 11/5/11, M K Singhal <mk.singhal@yahoo.co.in> wrote:
> There is great dissatisfaction with increase in Petrol prices these days. To
> avoid such problems, I suggest that some RTI activists may enquire from IOC
> and other pvt sector petrol companies about the total amount of profits
> earned by them last year, how much of this was from petrol alone, what was
> the average crude oil price paid by them last year, copy of the claculations
> done by them to arrive at the selling price of petrol etc. How is it that
> same petrol prices are fixed by all petrol companies. Do they have a coterie
> to arrive at such decisions. In other countries, wherever petrol is
> deregulated, differant petrol companies fix differant selling prices for
> petrol. Besides, why should all petrol companies not upload their annual
> accounts for public view. Further, why should govt not have a regulating
> authority (on the pattern they have for telecommunications to scrutinize
> their costs and prices and due to which telecommunication costs are now so
> low)
> for petroleum products and another one for food for scrutinising their
> costs and prices.
> mksinghal

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Thanks
Abhinav

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