Financial Daily from THE HINDU group of publications
Tuesday, Jan 29, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Opinion - Letters


Petrol prices

This refers to the marginal reduction in prices of diesel and petrol despite excise duty being hiked heavily on these products.

The Government can earn even more by rounding off prices of ommudities such as petroleum products with State-administered prices.

For instance, petrol in New Delhi could be priced at net retail price of, say, Rs 28 per litre. Ideally speaking, prices of such essential commodities should be the same throughout the country with local and central taxes fixed in all States.

Transportation cost can be taken as average for all States, but to be levied equally throughout the country. It is unfair to penalise people of Karnataka with heaviest prices of petroleum products, while Delhites enjoy the cheapest petroleum products!

Suresh Chandra Agrawal

New Delhi

Send this article to Friends by E-Mail

Stories in this Section
Calling carriers


How competitive is the Indian private sector?
Argentina: The bitterest pill yet
Petro products at market prices -- Conundrums and challenges
Confusion worse confounded
Textile industry must pick up threads anew
Double standards?
Enron scandal
Industrial ethics
Petrol prices


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line