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Fuelling India’s Growth

Okay, so you have made your mind to read this article. Great. This makes very clear that you and me both are interested in our India’s growth. Wait, don’t you think this very word ‘growth’ is like a whole encyclopedia in itself. Differentiating it with respect to Indian politics we just get excuses and manipulative […]

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Fuelling India's Growth

Okay, so you have made your mind to read this article. Great. This makes very clear that you and me both are interested in our India’s growth. Wait, don’t you think this very word ‘growth’ is like a whole encyclopedia in itself. Differentiating it with respect to Indian politics we just get excuses and manipulative points (Just trying to revise calculus a bit, my bad).

Indian politics has always been like this though. There is a famous proverb in Hindi ‘Thotha Chana Baje Ghana‘ which literally translates to lesser knowledgeable speaks louder. No offenses but the situation with the current government seems exactly this. Don’t you think fake promises are like those setbacks which would definitely come when you are partying hard and wondering how you’re like can be so easy-going? And to be straightforward I don’t think there can be anything better than petroleum products prices scenario to understand this. And this too at the time when the prices are near UPA 2 level despite having a huge difference in the international market price of crude oil.

So let’s talk pricing. I won’t sell though. Crude oil which is the source of petroleum products is extracted in different countries mainly gulf and most of which are part of OPEC. No issues till now. India mainly depends on the import of this crude oil which is then refined here. Now the center charges excise duty and the oil companies are of course they’re looking profits. This is enough, right!

Definite yes from my point of view but the policy doesn’t think so. So here comes states’ VAT thanks to the absence of GST in this segment. This price finally is enough to make me write and you read this article.

The most important thing here is the absence of GST, and I really don’t understand why RaGa or any other opposition leader didn’t try their best to get this done (Yeah I know pretty well they have governments in several States). When the price per barrel in the international market was above $115 and when it was around $40, the difference in price was no larger than 5-10% and this is really defiant of the basic guidelines established with words ‘Democratic’ and ‘socialist’ in our constitution.

The government really needs a review of its policies otherwise there is definitely going to be no more monopoly there in 2019 elections as the bypoll results already suggest. To fuel India’s growth and make people feel it, the focus must be shifted from ‘words’ to ‘actions’ and ‘traveling’ to ‘stubborn steps’ for the betterment of the country. These petroleum products which affects almost every one of us, in general, has a huge impact on developing countries like ours.
Let’s take growth’s side but not of prices but of countrymen.

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