@bblost, man you are just hilarious.
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Originally Posted by Thad E Ginathom I would like to thank the Government of USA for screwing the world economy, resulting in crash in Indian stock market, loss in my personal savings and income, as well as increasing my monthly budget. |
+1 to that. The root of this problem (and many others like food prices, environmental disaster etc) can be traced to the self-centred policies of the US of A.
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Originally Posted by esteem_lover At what price per litre do you think we will start thinking different ? My guess is Rs.500 per litre. At a time when the monthly income is hovering around Rs.1-2 Lakhs, 50K per month for petrol would hurt, not 6k or 7k. |
For starters, Rs75 per litre is not a bad idea. And if crude prices move northwards, we can up this figure. Ofcourse the pain threshold will be different for different people (even differing within the same earning segment).
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Originally Posted by suman Wasn't the last one a fairly big hike? Are you seeing any reduction in the volume of traffic on the roads - just curious because I'm really seeing no reduction here in the NCR? |
Well, taking into account the past hikes of Re1 or Rs2, yes, Rs5 was comparitively big. But if you look at the huge increase in crude prices and rising deficit of oil companies, it was miniscule.
You NCR guys are loaded and would be least bothered about a 5 buck hike which could be why no reduction in usage seen there.
But I did notice visible reduction in usage in Chennai. Heck I have drastically reduced car usage myself - though not due to the money factor.
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Originally Posted by suman Also, all that talk about "car pools" etc really doesn't translate into much reality because its one hell of a pain trying to match departure times from the Office (even assuming that getting there in a group is feasible). |
Agree that it is not easy, but certainly not impossible. I have done it for 3 years and my work timings are as erratic as possible. A little sacrifice will make it work.
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Originally Posted by anandtheleo So, can't they provide separate diesel bunks only for trucks, where diesel is given at the subsidized rate and keep the general bunk's where private cars/suv's can fill up diesel at higher rates(nearer to petrol rates). |
As esteem_lover said, this will only lead to other malpractices.
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Originally Posted by DieselFan It is a well known fact that subsidies Do not work on a long term basis. It is a Zero sum game. hence if the government subsidizes diesel on a long run will lead to severe inflation one way or the other. The best thing to do is let the free market economy take over and the prices be decided based on the market. If we have to pay 100 Rs/lt of diesel so be it. Overall humans/Indians will be forced to Invent. Like the old saying goes "Necessity is the Mother of Invention". |
Really well said. Actually seeing your alias, I was thinking you would be against the idea of hiking diesel prices. You proved me wrong.
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Originally Posted by Ricky_63 Would you be so kind as to respond to certain other points that you have left out. IF the government wants to reign in the fuel bill of the country - they need to start with their own backyard. |
Ha Ricky, you did not seem to get the point of this thread. I agree that there is lot of stuff the govt can do. But that is not what this is about.
It is about how we can encourage prudent usage (by levying the real price of the product instead of getting it subsidised) of a resource that is going to be over in the near future, working towards identifying alternative solutions for energy instead of being dependent on something that has a set lifetime.