Jet fuel prices hiked by 3 p.c.

Discussion in 'Economy & Infrastructure' started by Mad Indian, Apr 1, 2012.

  1. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    The Hindu : Business / Industry : Jet fuel prices hiked by 3 p.c.

    Great going. Another hike, when all the domestic companies are reeling under huge loss. Great boost to the economy.:frusty:
     
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  3. ant80

    ant80 Regular Member

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    Well, what do you expect the govt. to do? It costs $123 per barrel and the rupee is weak. It's either hike the prices, or increase the fiscal deficit.
     
  4. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    Do you know how much tax(Central and state) we are paying for the fuels?
     
  5. ant80

    ant80 Regular Member

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    Again, if we didn't pay those taxes, it increases the fiscal deficit.
     
  6. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    Or the govt can cut down useless subsidies so that it does not favour the lazy pigs with the money of the hard working middle class.
     

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