Can consumers absorb diesel and Gas hike

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Government have hiked Diesel price by Rs.3/-, Kerosene by Re 1/- and cooking gas by Rs. 50/ per cylinder. The minister says consumers can absorb this. But he has ignored that this also leads to hike in state taxes which are value based or ad valorum. Needless to say, this will further fuel inflation.

http://www.indianexpress.com/news/Consumers-can-absorb-hike--Reddy/808537/

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I hate government, whenever any crisis occurs immediately they hike and diesel and gas. this is really rediculous on then government. why dont they increase the cost of liquor instead of diesel and gas

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Created Saturday, 25 June 2011 07:53
Last Updated Tuesday, 30 November -0001 00:00
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Views 1.9K
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