First
things First
If selling fuel is such a loss making venture why doesn’t the government
simply shut down the stupid show? Billions of dollars of Gold is imported
without government help. We also import a host of other stuff .People in this
country are capable enough to import oil as well. And i bet if the deal done
competitively and indeed these monopolies are destroyed oil prices will crash
tonight. Anyways Gold price keeps on increasing. No one brings down the
government cause of that.
Government is getting no brownie points from the
public for this oil trade show. If there is still no profit selling Oil - Quit
selling Oil .Please.
No Social Role
The talk of a social role Oil trading is nonsense .There is no social
role. There is no social role in any act of trading. Never. If government had
any ambitions of a social role it would be making hospitals and schools in
rural areas and selling Roti each night to the countless hungry. It wouldn’t be
spending all time manipulating Oil price if it didn’t mean serious monetary
gains for the Government.
Daylight Bandits
First the State Governments, who play the role of daylight bandits
without taking the Blame? The Price of Petrol without VAT is Rs, 61/ litre in
Goa . If you are in a state where the price of Petrol is Rs. 78 then the value
of this robbery called VAT is Rs. 17 .Call this robbery or Tax if you want.
Change in nomenclature does not change the fact that this money is taken from
you without your consent. It would have been a reasonable tax had the state
governments spent it in some social or industrial projects. This is the money that the State ministers are
using to make their statues in Parks. So about 20-30% of petrol price is state
level robbery.
The
Central Level loot
The central level loot can be defined thus .This is the money that
Pratibha Patil is allocated for her International Visits. This is the money
used to Buy Z grade security to the ministers and this is the money that is
allocated for various scams. I am not giving this money with consent. This
money is forcibly taken from us in each purchase. This is robbery. The truth is
that Government is getting Loads of money from this petrol trade. These are in
the form of taxes. How else do you suppose any government makes money in the
world !!!
When the Oil Importing companies import Oil they pay custom duty .And
then there is an education cess and then the excise duty. There are taxes on
the Shipping companies and then taxes from the Oil Retailing companies .There
is Income tax from a petty employee of Oil Company to Corporate Income tax from
the Oil Retailing Companies.
Subsidy Talk
So a simple calculation Petrol of Government Profit is like this .
VAT - Rs. 10 -18(Depending on which State you are living in if not in Goa)
EXCISE DUTY - Rs.14.78/Litre (14.35/Litre+ 3% Education cess ) ( This is 2-3 Times the money the Government loses in subsidy )
Customs Duty -5 %
Education Cess –3%(Included above )
Subsidy- Rs. 2- 5 (depending on when the next elections are scheduled.)
Though the Government(Central and state) makes a cool Rs. 30 or more on every litre of petrol that it
sells through various agencies, it will keep sulking over the subsidy loss of
Rs. 2-5 per litre. I feel very insulted by the subsidy talk that the most
Arrogant man in India Pranab Mukherjee renders now and then .The recent talk of
of him as President and PM has mellowed him a bit. But he is forceful
manipulator when it comes to Petro Talk. He will make a face like rich people
make when they have to shell out a coin for an insistent beggar, and speak with
grim expression and morose voice, how he is so painfully giving these subsidies
.Will you ever hear him talk how much is the value of the loot that the central
and state governments engage in.
Who is
responsible?
Who is to be blamed for all this? Ofcourse the idot common man is to be
blamed for it as he is so moved by the statue of his caste leader more than an
industry in his area. Most importantly this idiotic common man will indulge in
all sorts of dharna riots and hartal if an industry is proposed in his area . In
a way this brutal treatment of the stupid population engaged in all sorts of
caste, language and religion and regional bigotry and is very much justified.
We damn deserve it.
Philosophy of our Economics -War for Money
Once you have led the population to the dangerous
zone of capitalism with no social guarantees , let the population know that
it’s an all-out war for money . Don’t give him hope that the government will do
anything for him. Don’t fleece him for taxes either. Everyone from the beggar
who sits near Hanuman Mandir to Vijay Mallaya will take care of himself . He
that dies must die. An airline that can’t fly shouldn’t fly. Ban philanthropy
and charity and government doles. These are the stuff that create false hope
and false Messiahs. Only a ruthless pursuit of greed by the whole population,
and i mean the whole population, can save everyone. Any false hope is a poison
that will result in farmer suicides ,in middle class frustration and a
recklessness on part of the rich .From a farmer to a Vijay Mallya everyone
should know that you can announce bankruptcy or hang yourself but no one is
going to bail you out .This is the mantra of survival.
Choice is
Yours
You have a choice . You want these leech like taxes or you want the
Rozgar Yozna , Vikas Yojna , MNREGA,government schools that don’t teach ,
government hospitals where you will die if you have to die .The population can
save enough if it is spared these indirect taxes to send their the kids to a
decent school and buy a health Insurance of Rs. 1000-2000 per person . We need
no taxes and we need no subsidies. Roll back your taxes and roll back your subsidies.
We don’t want any doles.
Ride
Horse
It’s been too long we have been hearing this ‘bakwas’ that government is
subsidising fuel. My brothers at home can you send me my old college bicycle by
Patna-Vasco express or I am seriously planning to buy a horse. The most
pertinent question today is what is the approximate mileage of a horse per Kg
of grass and 'chana'?