Wednesday, June 4, 2008
Oil Prices and Indian Communists
The government today increased the petroleum prices by approx. 10%. The losses of oil marketing companies were mounting and they were bleeding. This compelled the government to take a measure which is so unpopulist especially when the elections are nearby. This shows that the government has done the least it could have done for oil companies and the most for the vote bank. Now, lot of experts can complicate the issue by saying central and state duties, which I frannkly dont understand. But, what is clear is when the oil prices were almost doubled, government has subsidised the present of India for its future. This all is not surprising, this is another shot in the government's arm much like reservation etc etc. What is surprising is that, even such a little hike has given an oppurtunity to communists to "impose" (yes, its always impose in communism) band in West Bengal. What do these guys want, given that they have so many economists, luminaries. Where the hell there brains have gone? What the hell they want? I feel like saying the dialogue from departed which says "Do you want them to cut me into pieces and feed like pork". Politicians in India would never improve. In morning only, one of my collegue said she does not think one man or one institution can fool many. Probably, she had little idea about politicians and more so about communists. The hard work done on the city Calcutta on the way of making it business hub which started with the rule of East India Company has been undone to a large extent in the last 30 years of communist rule.