Monday, May 16, 2011

Comments Over Petrol Price : Something Different From News Channel

Well i think its ok ! as an economic student my opinion would be that, this event would increase the capital investments as the Drivers of India would be now probably shifting for diesel Version ( like still honda does'nt made diesel cars )  in the Country which would be at earlier stage would affect IIP , but later on it would be helping, and as such even no cost burden on Transport Carriage sector as they use diesel, So its not as such a great change, at inflationary level execpt at our mind, so chill its just the way to set the deficiency of country's debt and if we talk about your Activa / mopped than See even if in a year, whatever amount of petrol you uses, it would cost you only an increase of 8.06 % which when you would check out would be somewhere under 100s, which amount all we spend in a year do not even remeber of !!!
So overall no Burden on Goods as such, but directly on Service/Professions, in which already margins are very High.

2 comments:

  1. but what about the lower level or middle class people....every one can not a-ford 5-6 lakhs car(diesel)...

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  2. See its like, there is always not everything is correct ! If anything is + than other side is - too. what we want to see is that as you had provide the quiry, as per this even it would be create the potential of demand, and would require the innovation also.

    ReplyDelete

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