Petrol price :
Atal Sarkar
June 1998 - Rs.23.44
March 2004 - Rs.32.71
(Increase by 42.5 %)
ManMohan Sarkar
June 2004- Rs.35.71
April 2014 - Rs.79.26
(Increase by 106%)
Modi Sarkar
June 2014 - Rs.71.51
August 2014 - Rs.68.51
1 st October 2014 - Rs. 67.86
15th October 2014 - Rs.66.65
November 2014 - Rs.64.24
1st December 2014 - Rs.63.33
16th December 2014 - Rs.61.33
17th January 2015 - Rs.58.91
4th February 2015 - Rs.56.49
15August 2015 - Rs.Rs.63.2
10th March 2016 - Rs.56.61
16th August 2016- Rs.59.61
1st May 2017 - Rs.71.14
23rd May 2018 - Rs. 79.62
(Increase by 7.75 %)
Projecting this list of data for Petrol Price to aware us of Real Rise in Petrol prices in last 20 years period where country has witnessed three different Govt’s...
ManMohan Sarkar that came in power in 2004, was handed down Petrol price at Rs.32.71 and in 10 years period, shot up to Rs.79.01 projecting increase of Rs.46.39 in 10 years-that is price rise of Rs.4.60 per litre every year...
Where as Modi Sarkar when came to power, in 2014, were handed down Petrol price at Rs.79.01 and along with it an empty treasury of Govt of India loaded with colossal debt unpaid...
Still, Modi Govt.took up the task of bringing down as well as controlling Petrol prices along with doing immense amount of work of development in each field...
The Petrol prices consistently descended to as low as Rs.56.49 in early 2015...
In last 4 years, Narendra Modiji did not take a single rupee as World Bank loan yet keeping the Petrol prices down.
But
The unpaid debt, taken by previous Govt’s. from foreign countries, were urgently needed to be repaid...
Iran which had supplied Crude to Bharat, before 2013, demanded Rs.43000 Crores of debt to be settled in three instalments, some in Rupees for importing mainly Basmati rice from Bharat and the rest through either Dollars/Euro...
Hence, repayment of these debts is more eminent than lowering the Petrol prices while keeping the debt intact..
For any country, thriving to be on the progressive path, can not keep bringing down the price at the cost of unpaid loans...
Moreover, excessive subsidies may result in higher and constant inflation...
We, the people of Bharat, must realise that the Govt.at Center, in last 4 years has given accountable and clean governance and the price rise due to certain repayments, should be accepted whole heartedly, even if it pinches as it is for the healthy growth of economic health of nation, eventually...
Atal Sarkar
June 1998 - Rs.23.44
March 2004 - Rs.32.71
(Increase by 42.5 %)
ManMohan Sarkar
June 2004- Rs.35.71
April 2014 - Rs.79.26
(Increase by 106%)
Modi Sarkar
June 2014 - Rs.71.51
August 2014 - Rs.68.51
1 st October 2014 - Rs. 67.86
15th October 2014 - Rs.66.65
November 2014 - Rs.64.24
1st December 2014 - Rs.63.33
16th December 2014 - Rs.61.33
17th January 2015 - Rs.58.91
4th February 2015 - Rs.56.49
15August 2015 - Rs.Rs.63.2
10th March 2016 - Rs.56.61
16th August 2016- Rs.59.61
1st May 2017 - Rs.71.14
23rd May 2018 - Rs. 79.62
(Increase by 7.75 %)
Projecting this list of data for Petrol Price to aware us of Real Rise in Petrol prices in last 20 years period where country has witnessed three different Govt’s...
ManMohan Sarkar that came in power in 2004, was handed down Petrol price at Rs.32.71 and in 10 years period, shot up to Rs.79.01 projecting increase of Rs.46.39 in 10 years-that is price rise of Rs.4.60 per litre every year...
Where as Modi Sarkar when came to power, in 2014, were handed down Petrol price at Rs.79.01 and along with it an empty treasury of Govt of India loaded with colossal debt unpaid...
Still, Modi Govt.took up the task of bringing down as well as controlling Petrol prices along with doing immense amount of work of development in each field...
The Petrol prices consistently descended to as low as Rs.56.49 in early 2015...
In last 4 years, Narendra Modiji did not take a single rupee as World Bank loan yet keeping the Petrol prices down.
But
The unpaid debt, taken by previous Govt’s. from foreign countries, were urgently needed to be repaid...
Iran which had supplied Crude to Bharat, before 2013, demanded Rs.43000 Crores of debt to be settled in three instalments, some in Rupees for importing mainly Basmati rice from Bharat and the rest through either Dollars/Euro...
Hence, repayment of these debts is more eminent than lowering the Petrol prices while keeping the debt intact..
For any country, thriving to be on the progressive path, can not keep bringing down the price at the cost of unpaid loans...
Moreover, excessive subsidies may result in higher and constant inflation...
We, the people of Bharat, must realise that the Govt.at Center, in last 4 years has given accountable and clean governance and the price rise due to certain repayments, should be accepted whole heartedly, even if it pinches as it is for the healthy growth of economic health of nation, eventually...
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