Saturday, October 6, 2012

Corruption and Hikes

Two words omnipresent in India at the moment are : Corruption and Hikes..

Corruption at all levels, scams..

Politicians are looting the Country..
People like Suresh Kalmadi, A Raja - are back now in important parliamentary committees !!
Serious corruption charges are still pending against them..

Then there are hikes : masquerading as reforms..

Hike in oil prices, cooking gas, train fares, electricity.. You name it..
Cost of living has sky-rocketed in the last few weeks..
Common man, poor people of this Country are finding it difficult to live..

Talking about oil prices : It's any body's guess as to where the petrol, diesel prices are headed..

Going by current trend, it's petrol price that will reach the 100 figure mark first..But you never know..

What one fail to understand is, oil companies swiftly increase prices, or re-adjust prices, as they call it; but when global oil prices goes down, it seems oil companies goes for a sleep..They are extremely reluctant to decrease the price!!

From October 1st onwards, oil companies are reportedly making 2 Rupees/Litre profit, as a result of climbdown in global oil prices..

Today is 6th October, still not a word as to when there will be a price reduction in India..


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