Originally Posted by Coimbatore_Baleno
how are the fuel prices in India set? if i am correct, it has to be based on world indices like WTI or Brent Crude. however, what is the correlation between either of the indices to the price in India for petrol?
Info is available in this link here
Towards the end in above Link, you would find --- “…we are going to tax people who can afford to pay. Somebody who has a car, bike; certainly he is not starving. Somebody who can afford to pay, has to pay
.” This is supposed to be said by H'nble Union Cabinet minister KJ Alphons. SHOCKED I WAS
. Googled to see if H'nble Minister really said that. Same is reported by The Hindu (here
), and also by Financial Express (link here
H'nble Minister has also stated that "The money collected as taxes, goes for implementing welfare schemes for the poor
But as an Indian Citizen I have seen so many small time vendors and workers use a two-wheelers,
like the tiny Moped or a basic 100CC Bike. These people are "Milk Men, Newspaper vendors, Veg vendors, flower vendors, tea-shop owners, and almost anyone running a tiny shop or working in a slightly bigger shop or constructions workers
". These guys may earn mere Rs 300 to Rs 600 per day
My beloved Government takes some Rs 20+ per day from them (tax on 1 Lit Petrol) and gives back Rs 10 - 15 per day, under welfare schemes ?
I prefer to keep my mouth SHUT and bang my head
than being called Uncle-Indian