![]() Financial Daily from THE HINDU group of publications Tuesday, Jan 29, 2002 |
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Opinion
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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
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