Dr Barad wrote: Check CNN.IBN for live telecast...on price rise today:Petrol is up by 5; diesel by 3 and LGP gas cylinder (Aam Admi's life line)is up by 50 Rs.VIVA CONGRESS..LONG LIVE CONGRESS....Hope BJP never comes back to power, at least in GOA or else price may getslashed.. & our MLAs and their Cronies will not get the chance to make hay when sun(Sonia) shines....what say? Comment: It appears that Dr Barad has a very poor understanding of economics. The price of oil has gone up from $30 per barrel in 2004 to $139 per barrel. India imports nearly 85% of its oil requirement. The consumption of oil in India has gone up by nearly 30% during this period. As a simple student of economics will tell you someone has to bear this rising cost. The government has been postponing a price rise to avoid public wrath and Inflation. In the meanwhile the PSU oil distributing companies have been bleeding.Therefore, a price rise, though unpleasant and undesirable has been long overdue. It would have been a positive development had Dr Barad given his suggestions for avoiding the price rise instead of making sarcastic comments. Or maybe as a BJP supporter, he feels that vehicles can run on cow's urine as propagated by the BJP Uttranchal govt. which is busy selling bottled cow's urine for medical purposes.
Regards, Marshall
