Oil Price Hike

Petrol Prices in

Pakistan Rs 26/ -
Bangladesh Rs 22/-
Cuba Rs 19/-
Nepal Rs 34/-
Afganistan Rs 36/-
Burma Rs 30/-
Qatar Rs 30/-
INDIA Rs 53/-

Basic Cost Per liter is Rs 16.50
Central Tax Rs 11.80
Central Excise Rs 09.75
Sales tax Rs 08.00
Vat Rs 04.00
Total Rs 50.05


Now extra Rs 3.00 great job from govt.

HPCL FY 08-09 Profit 574.50 Crore

INDIAN OIL FY 08-09 Profy 5556.77 Crore

Bharat Petroleum FY 08-09 5015c Crore

But the govt crying for loss making companies. What this result shows

Sent by Arun Shroff.

There is a fallacy in the argument.
You can compare only likes with likes.
Reminds me of an old story.

A man had gone to a tailor and asked him how much cloth he would require for making a pair of trousers for him
The tailor replied, " 4 metres"

He left the shop and went to another tailor's shop and got his trousers made there.
A few days later he went to the first tailor and scolded him for asking for 4 metres. He informed him that the neighbouring tailor made his trousers with just 2 and half metres and in that too he was able to make a half pant for his (tailor's) six year old son.

The first tailor then informed him that his own son was 20 year old.

I can only say from the above that corruption in India is at a much higher level than the countries mentioned above.
Our politicans like PC and Murli Deora do not like to deal in small change.
We prefer big bucks.