I feel the central government should make a decision and bring this commodity also under GST with the highest rate of tax presently existing so that the citizens of the country will get benefitted.
" Be Good and Do Good "
The Government does not care a damn for the masses, and goes on doing one atrocity after the other. If it cuts down on the applicable duties, petrol prices will come down. The previous DMK Government did this. I really wonder whether there is a Government now, as everything is decided in the Prime Minister's office. The Governor is the agent of the Centre.
The common man will feel the punch, as the share auto guys will increase the fare. The bus fares in Chennai are now almost on par with Bangalore, though the latter scores so high on comfort and on connectivity too. Most Chennai buses are in such a bad condition, that it is better to insure yourself for twenty lakh rupees through an accident insurance and then board the bus.
Still, the Central Government can also play its part. After all, the two guys of the ruling party, the CM and the Deputy CM, ask Delhi for every single decision. They can ask for directions here too!!
Although this thread is related to the petrol prices but if we look at the other factors then we see the same debates.
While watching one debate yesterday on price hike, the guest expert briefed the things in a very efficient way. He said that due to lack of the sources of revenue generation the government is unable to reduce the prices of petrol. The government has more projects in the pipeline & a consistent money is required in order for them to get completed on time. He appreciated the initiatives of the current governments adding that if the proper environment had been created during the earlier times then we had more options of revenue generations of which we are lacking now.
This is important to note that our infrastructure isn't attractive enough to attract the outside investors. Red tape system & the complex tax structures were also the case that more businesses couldn't get opened widely.
So, we got the two options here as in the first place we get rid of the new projects or secondly, let's bear for some bucks for a better future.
'Idhuvum Kadandhu Pogum "
Even this challenging situation would ease