Diesel price up by Rs. 5; LPG cylinders cut to six a year

They are giving subsidies to rich people for their own profit and removing subsidies on common man need to cover the loss. What a Shame..!!!

If we want to be in reduced priced era there is a simple formula:
1 Divide ur earning by 10 and correspondingly divide everything by 10
u will come in reduced price era. Sir I want to comment that the day
is not far when even a cleanliness worker will also come in a car
(d/p) for cleanliness. Not only this above all if some problem we
have to face for the betterment of nation then we must come up for
it. After all nation is the first. are doing that doesnt mean we should stop thinking abt our nation...
Believe me we all will be driving the car in the same way and even
those hand to mouth people will also enhance their earning in the
name in fuel price... Regards to all....thanks to Hindu for such a
wonderful platform

People expect government to bear the charges from any public sector
unit. This is the point on which some political parties are
scoring,demanding subsidy or avoiding price hike as is evident from
railway sector.
Since Petroleum is different in that both public and private
sectors are involved government, it cannot do or forced to be done as
in case of railways.
Petroleum products should be left to its fate like any other
imported (or both imported as well as local produced) product.

Raising diesel price has a direct impact on the other commodity prices - because
most of the transportation happens using diesel vehicles. The following people & the
lowest level gets affected much deeper. a. small travel agents who runs diesel cars
for their bread and butter, b. common man - his regular usage commodities goes
up...

Thank you very much Govt. for finally taking this move! I am a car
owner and I can pay 5 more Rs/- per liter or opt for public transport
for the sake of the country. This is the best news I have heard all
day. Thank you Govt. for finally having the guts to reduce the diesel
subsidy, and putting India ahead of vote-bank politics.

Mahatma Gandhi once said that leaders have to take unpopular decisions
for long-term benefit, even if the masses oppose. The Govt. is finally
doing that.

Studies have shown that the hike won't affect "Aam Admi" so much as
upper middle class car owners. Aam admi is a bogie raised by interest
groups to keep on getting the subsidy.

The enhancement in Diesel price is justifiable and really a bold step
taken by the government. Here we need to think how long are we going
to have free lunch??
About the subsidy on LPG, it ought to be fixed to at least to 12 a
year and after that you have to pay the market price. In this way it
will help to the small earning families and further help in curbing
the black marketing.
It should be a welcoming decision from all of us that if we can buy a
car over 5 lacs we should be in a position to purchase the diesel for
the car.
Believe me nothing will change and India will keep moving...

Why Govt. is locking to put pressure to 60% of total population who are working in private sectors when govt. are not able incise our monthly income, govt. must have to look 1st our monthly salary slab then up price..............................

I do not understand one thing. If the govt. is seriously thinking about economy progress every time the inflation increases then why is it not happening even after 65 years of Independence?
@ Politicians - Are you soul-less creatures? Who is worried about rupee trading against dollar? First try to improve your homeland. Please do not say that this govt. has taken bold step amidst understanding the concerns of "aam aadmi" and blah... blah... We are sick of listening to such tiring words.

It would appear that the Congress-led UPA government at the Centre is under the influence of Saturn. For the past several months, the government is besieged with one problem or the other with the result that it has not been able to function properly. The government is still facing the effect of 2G. It is now wading through the coalgate and the Oppositions' stiff call for action, had brought the monsoon session of the Parliament to a complete halt. As if this is not enough, it has inflicted on itself yet another pain in the form of revising the price of diesel and restricting the supply of subsidized LPG to 6 per year! From the way the government is proceeding, it is clear that it will itself seal its fate. With alliance partners taking up cudgels against the main party, that is Congress, UPA's fall is imminent.

at the same time, govt should remove pension to all political leaders like
MPs, Governors, minsters, MLAs etc with some limit on their annual income
shown to Election commission because none of them are dependent on pension
money. also they should remove subsidy in all Legislature houses/canteens
in providing tea/coffee/snacks to them.

It is now very clear that our governmnet has given in to the non-stop demands of the Capitalist and corporate houses.
Rather than trying to recover the subsidy amount through burdening the common people, it should make the luxury items more dearer.
Perhaps India is one of the few countries in the world where the gap between the rich is poorer is huge.

I am not against raising the fuel prices, the impact on common people is what really matters. i welcome the bold decisions taken by government as others say. But i wish, they get the same boldness and courage when it comes to the Queueing up scams(2G, Coal,black money lying in Swiss banks) as Lakhs of crores getting disappeared by Corruption and not taking proper actions on people involved and in recovering the money.
Had they taken the right moves at times when needed, the impact will never be an issue when a price rise like this, have to be implemented.

DMK, TMC and SP parties opposition for diesel price hike is for the consumption of Aam Adhmi and nothing else. Congress would not have dared to raise the price unilaterally without UPA partners backroom backing.

Goverment has finally taken a bold step. i think goverment should find a way to give fuel with subsidised rates for public transport undertakings and agriculture.

Without assessing properly decions are taken, for the poorest families
cannot forward with this 6 cylinders a year, thorough revision of the families data, then only imposing these types of burden, it has to
distribute categorically, while checking the financial background, of the rich, middle class and the poorest. public has to protest against this, and find a ammicable solution for this, fight till to last, for a proper solution,government must judge properly, while imposing these types of burdens for the miidle class men who are running for their daily life.

The hikes are just the beginnings.. Things might get worse until the elections of 2014... Who dares raise voices against corruption or govt..

Govt. can't find funds to minimize the debt it had so it passes the buck to the citizens, and govt find itself in this position because it decided to sell resources like coal spectrum 2G, 4G etc to private(Relatives and business man who fund them) and public enterprises( residue which is of no use) at knock down cost which can be used to fund its social scheme (Nehru Indra, Rajiv etc.) sry (corruption schemes) . When we call for cancellation of the wrongdoing of govt. they come out and say it will have serious judicial problem. They don’t think that otherwise they will lose the key battle in the elections(or they already know that they have no chance of coming back into power). We as the citizen have to know that the country resources use wisely and effectively will only boost our country and the commodities cost which are touching sky will fall and we can buy petrol diesel gas at affordable price.

Apart from Periodical Price adjustments, Government should impose cut on consumption of Petrol and Oil by withdrawing free escort vehicles to Ministers and Government servants. If need be rationing of fuel should be brought on all items.

Completely contrary to what most emotions here convey, I totally support the price increase on diesel and LPG. However, I am against extremely high taxation on fuels, which is what is paying for the subsidies in the first place! We still have a "Gulf surcharge" that was added during the first Gulf War in 1991! How outrageous is this!? In terms of paying fair price - our government does not control international oil prices, so it cannot really do much about $114 a barrel. It cannot do much about the high exchange rates either, since our currency is not worth much, thanks to various historical reasons. It can, however, do a lot about taxation. The government should not be netting revenues at these rates when fuel is a much needed commodity. People are poor because of paying too much tax on such things. They won't need the subsidies if government spends wisely, efficiently, encourages fair trade practices and wipes out corruption. Get your act together, UPA.

Incapable government is squeezing the citizens out of resources. Now i
have to make one cylinder last for two months which was lasting for one
and half month. I think I should start eating salad in breakfast instead
of tea.

"household will get only six domestic LPG (14.2 Kg) cylinders per annum"
- Does this applies to MP's and MLA's who are using tens of cylinders
per annum?

Let the govt keep on increasing the all petroleum products' price. They want loot the entire nation and fill only a few percent of people's pocket. Since they can not come to power again now ready to do anything. Many Thousands of crores being looted and govt is still telling the nation that they are clean, honest and zero loss. Can they not bring a law to seize all properties which is not accounted or beyond the known sources of income? 90% of politicians would lose all their properties if that happens. Do they(Congress) think that Supreme court has no sense and taking up all these cases like 2G, Coal block, Adarsh, Commonwealth etc? All can not be cheated all the time. even you may escape from court of law. But never escape from Nature of law or from God's court. All should pay the price with interest including those family members for generations. Even PM has become power hungry otherwise he should have resigned if any self respect is still left.

Congress really damaged the economy and still doing it. They are stating that an
Indian consumes 1 cylinder for two months, it is possible that all the
congress person, don't cook the food at home or they don't use the LPG
at all. We are really pissed off now with this government...
On the Diesel price hike they are saying that They don't have the
money to give the subsidy.. We are paying taxes on time, we are giving
VAT, What else do they want, Do they want our salaries as well, So
they can Fill their accounts by doing scams...Kanimozhi (200 Crores),
Coal Scam (15K Crore Scam), 2G Scam, CWG Scam....

Do we really Deserve This Government? Do we really Care about India?? (if Yes, We should come up head and Go against them, It is the time to tell them their place.)

After giving various subsidies on various product (including Diesel
and LPG) Government has to recover the money either from 'WE' that is
'AAM AADAMI' ( If this is the case we any how are paying the subsidy
may be in other form)or has to avail loan possibly from foreign
resources( This will result in depreciation of Inidan currency
increasing the load on Government of India and hence on us)..
Reduction in subsidies will any how result in less scope for
commission for corrupt

I think the move of reducing subsidy on LPG and diesel must be
welcomed.. This may increase monthly spendings possibly by 10% to 20%
but will benefit in the long run.

govt. just increasing the burden of a common man by raising the prices of fuels. This shows the corruption in the govt.

the first paragraph of the news is little missleading. It should be changed to "The diesel price will go up by Rs. 5 a litre and a household will get only six subsidised domestic LPG (14.2 Kg) cylinders per annum."
Similarly the last line should also include the word subsidised.

We have a terribly bad government. Let the central and state governments completely get rid of the freebie schemes and the MPs and MLAs be stripped of their high incentives.

Once again govt's action is quite insensitive to the problems of the common man. They keep on telling that crude price has gone up, rupee has depreciated against the dollar. Is the common man responsible for this state of affairs. Why not the Govt stop indiscriminate imports?
why not cut the fat perks enjoyed by the staff and offficers of the Oil companies. Why not encourage ethanol blend petrol to be used. Why not make it mandatory to use inedible vegetable oil mix with diesel. Well there are so many alternates but the Govt chose the easiest option.
As we see the loot which has been carried out by the ministers and main opposition party leaders, if this loot is recovered there will not be any need to tax and punish the common man who is overburdened with all round price increase.
k.gopu

The rationing policy for the subsidised domestic gas cylinders distribution is not logical. Subsidy should be based on the number of family members and the family income.
Still in India there is joint families living.For a 2 or 3 member family and for a 6-7 member family ,the requirement of gas cylinder will different.
There should some annual income criteria for subsidy. Subsidy should be given to needful only. The ration policy for distribution of subsidised gas cylinder just a rationale not rational.

That's it UPA is doomed.If they are so concerned about the loss that
state owned oil companies are incurring due to subsidies being provided
on diesel and LPG they could have opted for some other measure to
recover the debt rather than further burden the already down trodden
middle class and poor class.Why allocate the coal blocks for free whose
proper bidding could have garnered 1.86 lakh crore and could have taken
use to bail out the loss of oil companies.It's the common whose being victimized by every scam and creating a hole in the pocket.

Politicians are suppressing people as much as possible to pay the bill
of their luxury. They are wandering abroad for treatments because they
don't believe in Indian doctors. So they attacks on pockets of people,
this exacerbates Indian society.Whole credit goes to our politicians who
are exacerbating country's economy day by day.

one side govt loses lakh of crore in various scam and other side they excuses about financial loses to the economy.people of india should be rethink if they elected congress in next term or not.

The diesel hike is justifiable considering the under recovery and loss to the exchequer. But the government should provide diesel at concession rate to state road transport undertakings to ensure common man is not affected. The government should consider ban on manufacturing of deluxe vehicles with diesel option as this is one of the main reasons for higher diesel consumption in the country. Permitting only 6 domestic gas cylinder per year at the concession rate will not go well with the people, rightly so and eventually the government will have to at least increase it to 8 or 9. Instead of putting severe restrictions on domestic consumption, what is most important for the government to do is to crack down on the misuse of domestic cylinders for commercial purposes and unless this is regulated and controlled seriously the government would continue to incur high under recovery.

We have to review the Dr. Manmohan Singh's economic policy and guidance.
Because day to day common man unable to sustain the rates hike in
petroleum products and other essential commodities. No doubt there is a
flaw in Indian economic policy, we should find the flaw and correct it
immediately otherwise common man existence become a question in India.
It seams common man's wealth (hard ship) is going to government
employees and politicians pockets. So We have to review the policy.

This government makes India a costlier living place.

All the phony manifestations of other parties including BJP does not convince the public one bit. These people who knew about it all along, will shout and gather votes for next week or so pretending to be on Aam admi's side Then every one will go back to their now even more stressed out situations on how to make ends meet. Sure it does not hurt the college professor in Delhi whose salary is one lakh per month, but most of rural India, including the millions of skinny farmers being displaced by dam, floods and dangerous nuclear projects, it's a matter of digging the dagger deeper and extracting more blood from people whose salaries even as teachers does not exceed 5000 per month Auto and taxi prices are already high, The elderly have with their incomes daily shrinking are already barely able to afford high costs of home maintenance, health care, food and transport. MMS is comfortable with his ten crores, after allowing his corporate buddies to steal our resources and get filthy rich!.

What a lame move by the govt. Instead of bringing-in the black money and
resisting corruption, Mr. ManMohan Singh is trying to snatch the bread
and butter of the common man. It's sad to see the politicians act this
way.

At last, the UPA government has displayed some courage in taking a difficult but much needed decision. This is not enough but a good start, it is time to thank and support Dr Singh and Mrs Gandhi for taking this baby step. This is a measure which will move the fuel market to a more efficient distribution and pricing mechanism. The principle of "robbing Peter to pay Paul" has been continued for too long, where the fuel subsidies have gobbled a lion's share of the governments income, at the cost of several other programs, like infrastructure, which give long term economic gains. Further the rational pricing will also encourage efficient use of the fuels and reduce the misuse of a significant amount of resources by a small, influential and vocal set of people. Kudos, there is some life left in this government after all.

The Bold – Courageous – convincing and candid taken by the PM and the
FM in raising the fuel prices. This is the first economic decision
taken by both these captains of the Indian Economy in the National
interest and thereby save the degrading of the India’s rating. This
will give positive signal to the world at large and within India that
India means business.
This bold action will also shift the noise from COALGATE to
DIESELGATE but in so doing the opposition, the allies like TMC SP DMK
all will loose credibility as this decision was in national interest
lest the rating down grade that would have affected the misery of the
people much more. The wisdom for the opposition and allies would be o
concentrate only on COALGATE join the government for their economic
action on fuel price hike. If the opposition fails to understand the
rationale behind price hike then for sure its dooms day for those
opposing the hike.
Having walked the talk will enforce credibility only if the Government does not roll back the diesel prices. And yet the excise imposed on diesel also should be removed. And the subsidy mechanism to be made
more transparent. If credibility is to be earned by the Congress to
face 2014 election than transparency is a must.

Petrol and LPG [in a round about way] price hike indicates that the present government thinks that governance means whetting appetite of corporates at the cost of poor and middle class[upper,middle and lower] who are already reeling under the pressure of rising prices of daily essentials . Governance,it is, but bad one,2G scam ,Coal gate and failure to check rising prices of daily
essentials are a few of many examples of its governing efficiencies

The price rise will impact an average household @ Rs6000/year (10% of annual income for average household). Request govt to give mid-term salary raise to govt staff & force pvt companies to follow. Thank you.

Common man once again will have to face the music in this restriction of domestic cylinders to 6 per year.The government could have hiked the price of cylinder by a reasonable margin.

The cylinder limitation is absolutely ridiculous. Atleast sell more than 6 at unsubsidized price. It looks like absolutely idiotic government.

Even if people have induction stoves, in place like chennai where there is so much unscheduled power cuts, how does government think people should eat and live.

DO they want us all to go back to kerosene stove and coal stove stone age?

How long will we be slaves of the Arabs for the sake of oil? When the
British left, one type of slavery ended. This dependence on arab oil is
another form of slavery. Someday, It has to be removed. Other than
increasing the price, our scientists should think of a solution.

fuel price hike is great fraud on the people of india.

Six subsidised cylinders a year is not a wise policy. Insted make it unfiform, so that there is no need to monitor the strict implementation of the policy by notorious dealers and corrupt enforcing official.

Though it is a sensible step to reduce the ' under recoveries of OMCs, this measure coming
at this juncture is bound to raise a howl of protests from all parts of the country, as it will have
a cascading effect on the price front, as it will be seen as a diversionary tactic to take the
steam out of the Coalgate storm that is rocking the Congress boat , and as a poor
compensatory measure on the part of a government accused of ' policy paralysis ' coupled
with the massive leakages in the cashflow into the Government's coffers due to the mega
scams that have been perpetrated by the UPA government. As usual all the opposition
voices that demand a rollback will get feebler as days pass on and the aam aadmi also will
reconcile to this extra burden as another chapter in his story of agonies. The economic mess
created by the UPA cannot be cleared unless there is a change of regime that is being
eagerly awaited by the country.

Public should not act as OPPOSITION to all acts of the government. One
should try to understand the action. Even after this hike, oil
companies are still in loss of more than Rs. 1 lac crores. No govt
will think to burden the so-called aam-admi.
Due to the govt actions in the past, software industry has grown in
multi-fold in India, which paved way to price hike in real estate
sector. This will not be highlighted as positive act.
Instead of abusing govt actions, reduce wasteful journeys; and
conserve the gas utilisation.

This scam coated government must go if people are to be provided relief,as the major cut in expenditure should have been in defence sector as many of the procurements are of useless needs, like procurement of Rafaele fighter,aircraft carriers etc.

The steep rise in diesel prices and the reduction in number of subsidised LPG cylinders is a retrograde step taken by a tottering government. It impact will be severe and will deal a body blow to the UPA as this step has been taken without a care for the ramifications on the economy and the common man.The allies should prevail on the government to roll back these measures.

This is not a good move. This will lead to inflation even further. The way out is to:
- Bring the money back from swiss bank accounts.
- Proper sale of natural resources - coal blocks, spectrum etc.
- Reduce reliance on fossil fuels and invest more on renewable sources(develop technology for the same). Even provide subsidies for developing technolgy for the same.
- Keep gold as a standard for Indian rupee, this will make economy immune to external factors.

While enhanced diesel prices come into effect immidiately, no mention is made as to the
effective date for
reduction of petrol prices where central taxes of Rs 5.50 per litre is also announced
As per the news item.

Did didi ok this hike....lets see a showdown with didi..because nobody
asked the Didi, if it was ok to raise the price....Didi they are giving
you any respect..please take a note of it...izzat

when the Government want to stop subsidy, let the government also stop taking taxes from the public. Let it be BJP or congress, The government means to us. Netas keep looting and filling their coffers. Poor public will keep paying higher cost & taxes? Let us not forget what happens to corrupt politicians throughout the world. Please stop this kind of shock treatment to the aam janatha.

A blanket steep hike of five rupees a litre of diesel will create far-
reaching and dooming cascading effects to the economy, to the common man
in particular. To minimise shocks, state governments should slash sales
tax on diesel meanwhile recovering the losses due to this from the high-
end diesel car and SUV owners.

I think these companies should not concentrate on profit making
to fit themselves in 'MAHARATNA' status and understand that they
are public undertakings and they are responsible for the service
of citizens of India.The very purpose of the responsible
government is to look after the welfare of the people not the
companies.But the Indian government already lost its way to
achieve that.I hope at least now the government feels the
responsibility before the soft faced public becomes violent.

And government stop showing its ineffiency in every sphere of
administration because as citizens who elected this government we
are ashamed to see their ineffiency.

I really do not know with what face, the UPA-2 will go to people to beg votes? Prices hikes, inflation gone up, corruption is all time high and what else needed to destroy this country? Of course people of India have no choice except to elect opponent who equally corrupted in coal scams. Poor and Middle class suffers a lot with these frequent prices hikes.

Why don't the pm go for a refresher course at harvard

PM sir, with due respect its time you went for some refresher course at
a foreign university, as you proudly associate. They read the books
meant for their conditions and structure. We are different sir. There
the people don't worry about the daily needs. with due respect this
affects 90 percent people in India. Because here 10 percent are rich and
they don't worry about their needs. So our policies should be different
from those defined in the books written by foreigners authors. So sir
you liberalised economy to benefit this 10 percent. Thanks a lot for
giving a good direction.

Though any price hike will cause pain, the government got it right this time. Petrol is used in most two wheelers used by the poor and middle class. For too long the wealthy have enjoyed subsidised diesel to run their fancy cars. This artificial price fixing must be brought to an end and diesel prices must be the same as petrol to reflect world prices. Kerosene is also used by the poor and any price increase must be only as a last resort. With better refrigeration facilities a lot of food items could be transported by rail rather than by road transport that rely heavily on diesel.

This government has lost its marbles. Scoring self-goals one after the other.

great decision :)