Recently we saw a much debated Petrol and Diesel Price Hikes in India. What is the reason behind the continuous price hikes in petrol and diesel? Some find the government policies responsible for some other relate this price hike to the global scenario.
But I think the price hike is correlated not only with both government policies and global economic environment but also with some other factors. It is not that government is not responsible for it but its actions just added more to the inflationary environment and thus the crisis. The factors besides government policies and global cues are - Increasing Cost of Living of an Average Indian, Population, Increasing Dependency on Petroleum for Energy Production.
Government's actions were also questionable and were focused to the upcoming General Elections which made the conditions even bad.
And the Global Scenario of inflation (Crude Oil touched its all time high $125 per barrel) work like the fuel in fire.
So to curb this inflation every and each person should act responsibly. While the government should stop to take decisions that are harmful in long term just for the sake of public fame, individuals should behave in a smart way in using energy whether in the form of petrol, diesel, carosine or in the form of electricity.
Come on India. This is the Real Show Time.
But I think the price hike is correlated not only with both government policies and global economic environment but also with some other factors. It is not that government is not responsible for it but its actions just added more to the inflationary environment and thus the crisis. The factors besides government policies and global cues are - Increasing Cost of Living of an Average Indian, Population, Increasing Dependency on Petroleum for Energy Production.
Government's actions were also questionable and were focused to the upcoming General Elections which made the conditions even bad.
And the Global Scenario of inflation (Crude Oil touched its all time high $125 per barrel) work like the fuel in fire.
So to curb this inflation every and each person should act responsibly. While the government should stop to take decisions that are harmful in long term just for the sake of public fame, individuals should behave in a smart way in using energy whether in the form of petrol, diesel, carosine or in the form of electricity.
Come on India. This is the Real Show Time.
1 comment:
HI, the posting is good and quite informative, but is old now. hoping some new posts from you.
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