30 per cent of cars sold last year were with diesel engines The growing gap between the prices of petrol and diesel has given a boost to the sale of diesel cars even as environmentalists cry foul over the public health impact due to the increasing use of diesel, which is also referred to as “dirty fuel” in Indian cities. While petrol consumers are paying market-linked prices of Rs. 66.84 per litre...
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For petrol, Indians shell out the most in the world
-The Times of India For all those already reeling under a series of hikes in petrol prices on the back of zooming inflation, here is some news that will enrage you further. Data of retail prices in countries across the world shows that Indian prices are amongst the highest in the world at current exchange rates. And, if you even out the differences in purchasing power of different currencies then Indian...
More »Shockingly insensitive
-The Hindu Nothing is more reflective of the confusion and mix-up of priorities of the United Progressive Alliance government than the mismanagement of fuel pricing. While struggling to control inflation through monetary policy, the government sees no problem in allowing oil marketing companies to continually raise the price of petrol. The latest hike, by more than Rs.3 a litre, comes on top of the two substantial increases earlier this year. Although...
More »Clash of Interests by Prabhat Patnaik
Anna Hazare’s fast is over, but the conjuncture of which that fast was an episode is not: Hazare’s own movement, or other similar movements, are bound to recur in the coming months. The question naturally arises: what are these movements all about? And to start with: what was Hazare’s own movement all about? It was certainly not about “corruption” in any definable sense. That word meant different things to the...
More »Extreme problems don't always need extreme solutions
-The Times of India The Anna Hazare-led civil society movement cannot be faulted for having come up with its version of the Lokpal Bill, because otherwise it would have been accused of campaigning for something essentially negative - the withdrawal of the flawed government version without putting forward an alternative. Frustration with everyday corruption - as well as the spectacular kind that explodes in the public sphere ever so often (...
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