I, a common (wo)man hate to see the petrol price hike again. This means two big things for me, (a) I will not be able to go out in my present car any longer on petro. Am planning to shift to CNG today. (b) By the time I finally buy my Ninja, I will not be able to afford to ride it and will have to keep it as a showpiece.
The hike this time is on an average Rs 7.50 (depending on where you live in India). The laborious mathematics tells me that for the petrol cars, taking an average of 100 km
someone help this poor man!
per day of driving, and taking an average fuel efficiency of 15 kmpl, the increase comes to Rs 1,498 per month (6.66 litres X Rs.7.50 X 30 days). There goes my hard earned money down the petrol!
I just read in a certain online newspaper that the “sky is not falling on our heads” and this meager increase in expenses is nothing. Well, to them and to those who have been trying to convince each other that, this is not the end of the story!
Hike in petrol means hike in most of the products. The transportation price will increase. Your vegetable seller will tell you that the vegetable prices have increased as the transportation prices have increased. In states like J&K where most of the commodities are imported, they will be badly hit. Plus it isn’t far when Diesel and LPG prices will shoot too.
source : mypetrolprice.com
So why did our caring and loving government decide to take this step?
The decision to hike the petrol price was prompted by the sliding rupee which hit an all-time low of 56 against a dollar on Thursday. Also the primary beneficiary of this increase will be the oil marketing companies like Indian Oil, Bharat Petroleum and Hindustan Petroleum. The companies had been losing Rs 6.28 per litre of petrol they sold. Since December, when prices were last raised the companies had lost $830 million in total. With the increase in prices the companies will not lose money when they sell petrol.
So on my next birthday, this might just happen
Oh, by the way, I just read this “Petrol price hike hurting you? Get ready to pay R 400 for LPG, R 5 more for diesel”. So, we have more in store! I told ya! This isn’t the end of the story.
Are you as pissed as the gentleman below?
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