Reality Check India

At the petrol pump

Posted in Uncategorized by realitycheck on September 11, 2008

Why are a billion Indians still paying through their noses ?

Is no one watching ?

Image Courtesy : CNN Money.com

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2 Responses

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  1. DK said, on September 11, 2008 at 5:21 pm

    Of course people are watching. The price reduction will happen closer to elections :-).

    And BTW, this was the case earlier as well. 16 months back the price of crude was half the current price, however we paid only 20% less than today’s price despite the supposed subsidy. I have not been able to understand if oil was subsidised 18 months back, then why were we paying almost twice what people in US were paying?

  2. reason said, on September 12, 2008 at 6:32 am

    >> Is no one watching ?

    who is this question for?


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