With the state-owned oil companies mindlessly increasing the prices of petrol and diesel on daily basis causing the prices to rise of essential commodities as it has a direct effect and hence pinches the pockets of low and middle income people of the country. There is a sudden halt in the rising fuel prices but they are sure to rise again. Some even find difficulty in having one meal a day which is a reality. The government is trying to divert these real issues with mandir and masjid issues. I want to ask the State and Central government whether these issues can fill the stomach of the poor and the underprivileged. Ours is a saving economy. The government wants to make it a borrowing economy like in the West. Both the government and RBI are obsessed with low interest rates. As the government revenue is buoyant, additional excise duties levied on petrol and diesel have to be withdrawn immediately. Otherwise a Sri Lanka-like turmoil could erupt in India that only time will tell.
