avxio/ZeroneA

Oil price hike – A well planned strategy

Recently Government introduced a hike of Rs. 6.28 which after taxes become an increase of Rs. 7.5 per litre. While prices of crude oil are not at its peak in world, but buying power of Indian Rupee has fallen. Even then, we believe it is a well planned strategy.

Time for blame game to end, but it is to identify the strategy of tackling the problem. But then either we are ignorant or don’t want to take lead.

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