Fuel price rise is becoming a global crisis. We can no longer piggy back on Left Ideology and play Ostrich with the impending economic disaster. Everybody has tomake some sacrifice to tide over the crisis.
The Government on its part could drastically reduce duties on petrol and diesel.Government every year has its target for collection of duties from each economic activity and let’s say for this year from the sale of petroleum products it is targeted at Rs.1000 crores. The rate at
which oil prices are increasing globally,this target will be met easily and possibly surpassed. The Government could do a bit of sacrifice (if they are serious about controlling price) and reduce the duties on petroleum products. Further, the Government should be bold enough and adopt differential pricing for domestic gas cylinders. It is ridiculous to note that a family living in a premium apartment (costing Rs.1 Crore) pays the same price for a domestic gas cylinder as a family which stays in a slum. It is very easy to implement this because every subscribers address is known. A similar method could be adopted for supply of diesel and petrol also. Differential rates should be adopted for public utility vehicles and private vehicles. Similar differentiation could be done in case of two wheelers and four wheelers. If the oil companies want to suffer losses by supplying at the same rate for all types of vehicles, so be it. That is part of their benevolence and nobody can help it. It is time that the Government made some serious investments for research in the field of Solar Cooking. In a country like India, even if 30-40% of the families switch to this method and use it for 7-9 months a year (given the
weather conditions), the differences that it could make to our fuel bill will be enormous.
The Opposition on their part especially the confused Left should understand that global prices of fuel are increasing and we have no means but to comply. Why don’t these people understand that just because we don’t charge market rates, OPEC Countries don’t supply fuel to us at subsidized rates?At the end of the day, we have to pay market rates and this money comes from nowhere but from within our Budget. Does the Left support a situation wherein a capitalist is getting subsidized fuel from the money which is meant to prevent a poor farmer from committing suicide?
We on our part could reduce the use of personal transport as much as possible but then for today’s urban middle class it is shame to land up at a friends place and say I have come by public transport. For our own economic good and to prevent global warming let us walk for distances less than 2 kilometers and also teach our children to do so. As far as possible
let us use public transport to commute, these days they are quite good and frequent also.
The situation is very grim. We have to change our old habits of using fuel or else face the fate of inhabitants of Jurassic Park. Politicians on their part should stop worrying about their votes. Those in the ruling party have to take strong calls and those in the opposition have to adopt
a policy of “Bolthi Bandh” and not call for bandhs over every fuel price rise. If we don’t learn to make little sacrifices as a country, we better get ready to kiss goodbye to the growth we have achieved in the past 5 to 6 years.This situation is going to hurt all of us but then we have no option but take the bull head on. If we bury our heads in the sand just like an ostrich does, sooner later, economic disaster will hunt us down.
Remember 1990, we had to pledge our Gold.