A rather funny if not unworkable assignment has been awarded to the Petroleum Ministry. The assignment is to draft a strategy, “which envisages charging affluent consumers more for fuel, and using that money to reduce prices for the poor who have been hit hard by inflation, which in February was at its highest in 50 years.” [ March 24, 2023] One would laugh if it was not a moment to cry, as it reflects on the complete dearth of logic in dealing with the issue. First, larger vehicles include carry vans and trucks. This cost will be added to all consumer goods setting another drastic increase in inflation. Cost of products is same for all consumers. Unless the ministry is also going to build in a mechanism for cost of purchase of products tied in with the model of vehicle owned? Akal Takht serves 24-hour ultimatum on Punjab Government to release supporters of Amritpal Singh India seizes 6kg narcotics dropped by drone in Amritsar at Pak Border Rahul Gandhi Asked To Vacate Government Bungalow For more such Opinions click here. Second, factories, construction materials too are transported in vans & trucks like cement, timber, sand, bajri. Cost will be passed … Continue reading Is pricing scheme for petrol: increasing cost for bigger vehicles & reducing it for smaller ones workable?
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