Thursday, June 05, 2008

Petrol Price hike and issues

Everyone most often complains that petrol is very expensive in India, and thus whenever the government hikes fuel prices there is always a hue and cry. It is the middle class who is affected. The so called common man, aam admi like me, do no get affected at all, as we sort of walk to work around 2kms, hardly drive and ensure shop locally and kids study in walking distance.

Today, I filled up my car's fuel tank, and I thought fuel has become really expensive after yesterday's price hike. But then I compared it with other common liquids and did some quick calculations, and I felt a little better. (I drive to my farmland site near Hosur, every month, and on the way I fill the tank - mostly 30 litres, which saves me now Rs 6.84 * 30 = Rs 205, saving me 3.5 litres and costing me only 7 kms - give or take 1 litre)
But look at the statistics below. In fact, petrol is cheaper than the Coca Cola you drink. It is not just petrol; most liquids that you daily use are more expensive than vehicle fuels.
I know why, see the results below – you'll be surprised at how outrageous some other prices are!

Diesel in Bangalore: Rs.39.84 per litre
Petrol in Bangalore: Rs. 58.78 per litre
Coca Cola 330 ml can : Rs.20 = Rs.61 per litre
Dettol antiseptic 100 ml Rs.20 = Rs.200 per litre
Radiator coolant 500 ml Rs.160 = Rs.320 per litre
Pantene conditioner 400 ml Rs..165 = Rs.413 per litre
Medicinal mouthwash like Listerine 100 ml Rs.45 = Rs. 450 per litre
Red Bull 150 ml can : Rs.75 = Rs.500 per litre
Corex cough syrup 100 ml Rs.57 = Rs. 570 per litre
Evian water 500 ml Rs. 330 = Rs. 660 per litre. Rs. 500 for a litre of WATER???!!! And the buyers don't even know the source (Evian spelled backwards is Naive.)
Kores whiteout 15 ml Rs. 15 = Rs. 1000 per litre
Cup of coffee at any decent business hotel 150 ml Rs. 175 = Rs. 1167 per litre
Old Spice after shave lotion 100 ml Rs. 175 = Rs. 1750
Now let us talk about the real sufferers..... Govt has given only Rs 800 as conveyance allowance from 1980s, which is not increased at all, this has to be taken care by P Chidambaram. (notice, he never came to media - even with tax cuts - it was only Petroleum minister doing the talk)

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