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Petrol Is Costlier In India Than Its Neighbouring Countries

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Prices of petrol and diesel are increasing day by day in India and if the situation remains the same, it might be difficult for common people to afford buying them after some years. The price of petrol in Delhi is currently Rs 76.61 and it’s the highest so far. Before this, on 14 September 2013, petrol price reached Rs 76.06 in Delhi.

The reason of price hike is said to be increasing cost of crude oil and the decreasing value of Indian Rupee in comparison to dollar in the international market. However, the retail price of petrol and diesel depend largely on the tax imposed in different states of a country. If we look at the price of petrol keeping in mind taxes imposed presently, the price of Petrol in Delhi will be half of what it is now if the taxes are removed.

As per Indian Oil Corporation, the price of petrol for one litre was Rs 76.57 in Delhi, Rs 84.40 in Mumbai and Rs 79.47 in Chennai on Monday.Prices of petrol and diesel are increasing day by day in India and if the situation remains the same, it might be difficult for common people to afford buying them after some years. The price of petrol in Delhi is currently Rs 76.61 and it’s the highest so far. Before this, on 14 September 2013, petrol price reached Rs 76.06 in Delhi.

The reason of price hike is said to be increasing cost of crude oil and the decreasing value of Indian Rupee in comparison to dollar in the international market. However, the retail price of petrol and diesel depend largely on the tax imposed in different states of a country. If we look at the price of petrol keeping in mind taxes imposed presently, the price of Petrol in Delhi will be half of what it is now if the taxes are removed.

As per Indian Oil Corporation, the price of petrol for one litre was Rs 76.57 in Delhi, Rs 84.40 in Mumbai and Rs 79.47 in Chennai on Monday.

You will be shocked to know that in the neighbour countries, price of petrol is considerably less in comparison to that of India (excluding SAARC countries).

Now people are questioning that if the countries that are poorer than India can sell petrol at a cheaper price, why India can’t do it. Talking about its main reason, it is the different tax imposed in every state of India. These taxes include VAT, cess, etc.

As per economists, no government wants to make deduction in the revenue that it gets from petrol and diesel as they get a major part of it.

Here are the prices of petrol as on Monday, May 21:

India (Mumbai) – Rs 84.40

China – Rs 81

India (Delhi) – Rs 76.61

Bangladesh- Rs 71.55

Nepal – Rs 67.46

Sri Lanka – Rs 64

Bhutan – Rs 57.24

Pakistan – Rs 51.79You will be shocked to know that in the neighbour countries, price of petrol is considerably less in comparison to that of India (excluding SAARC countries).

Now people are questioning that if the countries that are poorer than India can sell petrol at a cheaper price, why India can’t do it. Talking about its main reason, it is the different tax imposed in every state of India. These taxes include VAT, cess, etc.

As per economists, no government wants to make deduction in the revenue that it gets from petrol and diesel as they get a major part of it.

Here are the prices of petrol as on Monday, May 21:

India (Mumbai) – Rs 84.40

China – Rs 81

India (Delhi) – Rs 76.61

Bangladesh- Rs 71.55

Nepal – Rs 67.46

Sri Lanka – Rs 64

Bhutan – Rs 57.24

Pakistan – Rs 51.79
Afghanistan – Rs 47

Myanmar – Rs 44

Twitter has also expressed views in this connection and here are some selected reactions:

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Money of Indians in Swiss banks rise 50% to over Rs 7000 crore

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Forget about Bringing black money back to India- Money of Indians in Swiss banks rise 50% to over Rs 7000 crore. Narendra Modi promised to bring back all the unaccounted money in Swiss Banks during his 2014 Election Campaigning. Forget about bringing it back, Indians money in Swiss Banks increased by 50 percent to 1.01 billion Swiss francs (Rs 6,891 crore) in 2017. 

As per the latest data, the Indian money in Swiss banks included 464 million Swiss franc (Rs 3,200 crore) in the form of customer deposits, 152 million Swiss franc (Rs 1,050 crore) through other banks and 383 million Swiss franc (Rs 2,640 crore) as ‘other liabilities’ such as securities, at the end of 2017.

Biggest rise of Indians Money in Swiss Banks – 12 percent in 2011, 43 percent in 2013 and 50.2 percent in 2017. Shockingly, This upward trend began after PM Modi rolled out Demonetisation for unearthing the Black Money.

As per Swiss National Bank (SNB), Total Funds of all foreign clients of Swiss Banks increased by 3 percent to Rs 100 lakh crore in 2017.

Indian Money in Swiss banks fell by 45 percent in 2016. Withdrawal of Rs 4,500 crore in a single year never happened before. The trend got reversed completely in 2017.

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Lights, Solar Panels and Battery Stolen from Eastern Peripheral Expressway in Uttar Pradesh

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On 27 May Prime Minister Narendra Modi inaugurated the 135 KM Eastern Peripheral Expressway acting as a bypass to Delhi. The Rs 11,000 crore expressway completed within 500 days, set itself apart from other highways, thanks to the renewable energy initiatives along the length of it.

As reported, the expressway became the first Indian highway having its lighting completely powered by solar energy. To achieve this, eight solar power plants with a combined capacity of 4 mega watt were established. Besides this, rainwater collecting centres were set up at every 500 metre of the road.

Sadly, just two weeks after the expressway’s inauguration, its renewable innovations have started to cut a sorry state after being marred by thievery.

While we all demand development, but whenever something is done as a part of development. People can’t take it and put their greed over the welfare of society. In an incident, Eastern Peripheral Expressway in Uttar Pradesh which was inaugurated by PM Modi a few days ago. Solar Panels and Batteries got stolen which is said to be worth 2.5 crores.

Incidentally this isn’t the only time a state of the art public property has been ruined in no time in India. We had reported how headphones were stolen, interactive screens vandalised and toilets were not flushed during Tejas express’s maiden trip.

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India’s Position In List Of Dangerous Countries for women Is indeed Shameful

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India ranked world’s most dangerous country for women in recent study; Afghanistan, Syria and Somalia complete top 4. In a study by the Thomson Reuters Foundation, India has been named the world’s most dangerous country for women.Security is the right of every individual. We all need security. It is so unfair if any individual is scared all the time. The safety of females is a huge issue across the world. Every day, we hear cases of women falling victim to different gruesome acts.

“Violence against women in India has caused national and international outrage and protests since the 2012 gangrape and murder of a student on a bus in New Delhi,” the report said.  

On why it ranked India the worst, Thomson Reuters said the world’s second-most populous country rated poorly on three main fronts — risks of sexual violence and harassment, dangers from cultural, tribal and traditional practices and human trafficking, including forced labour, sex slavery and domestic servitude.

The world’s most dangerous countries for women

According to the survey:

1. India

2. Afghanistan

3. Syria

4. Somalia

5. Saudi Arabia

6. Pakistan

7. Democratic Republic of Congo

8. Yemen

9. Nigeria

10. United States

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