Saturday, June 26, 2010

Fuel price hike-War against people

Common man in this country which is supposed to be having a democratically elected government “for the people,by the people” is helpless.Whatever these rulers of the country (who call themselves as servants of people but in reality looters of the country)do ,common man will have to suffer as none of them are not even bothered about common people of this country.Whether you rise price of petroleum products to any level and whether inflation goes so high to make our currency a valueless paper,these rulers are not affected.They get money in tones by looting the country and all their personal needs and comforts are taken care of fully by the state machinery.This is true whether the party ruling has a khadi uniform or saffron uniform or a red blood colour uniform.None of them are bothered about the people or even the economic health of the country.

The other day I was talking to an old friend of mine who has just recently retired as CMD of a large public sector undertaking of Kerala.I met him at the corporate office of a private sector company possibly for discussions to get an assignment in that company at a senior level. I asked him-“Why you did not try to get an extension or a posting in any other public sector undertaking?”His answer was not surprising to me.

“The central minister in charge is extremely corrupt.How long I can sign on the dotted lines sanctioning or abetting his looting?” I know my friend to be an upright honest man.In an earlier occasion when a high ranking person from Delhi representing a Dutch MNC contacted me for  assistance to approach this man for a murky deal,I have straight away refused without even contacting my friend knowing his integrity and honesty.
Funniest part of the story is that this particular central minister is not even considered as corrupt by the media who are eager to get any such story.Gone are the days when corrupt deals of few crores like Bofors  get headlines in news.Now they loot in lakhs of crores and still nobody bothers.Can you imagine these crooks ruling the country taking interest in lives of you and me?They are not bothered even if diesel price is made double and one tea or coffee price reaches Rs.100 or more.

Look at price structure of petroleum products.Almost 50% of the cost is taxes and duties.When you pay Rs.41 for a liter of diesel,price which the oil company gets is only Rs.20/-This price of Rs.20 itself has got in it inputs of import duty on crude oil and uncontrolled heavy overhead expenses of public sector oil companies merry making without any competition.More than 25% of the crude oil is indigenously manufactured and it does not have any  price to be paid or import duty.Who bothers about all these?

When Kerala ruling party declares yet another Harthal threatening people with dire consequences if they move out on daily chores from their houses as a protest against petroleum price hike,I wonder why they are not even thinking of reducing 25% local tax on price of diesel if they have even the slightest concern for the poor helpless people of this country run by political crooks including them?

They will not reduce taxes and will consider petroleum products as the easiest route to amass maximum tax revenue knowing  very well that common man will have to buy it whatever may be the cost.

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