This exercise of discussing how things were cheap in the past is typical of retired people who like to tell these stories to their grand kids!
How is recounting the past going to help us now?!
Anyway the current prices are the result of India and China's phenomenal growth!
So it is appropriate that they pay for these increases in the price of fuel!
On the other hand, all this could have been avoided if (1) This useless government had planned for this growth before opening the floodgates AND (2) The Indian people had a little more common sense and understood that if everybody starts buying cars, two things are going to happen - (a) Fuel is going to cost more and (b) There will be no space left on the roads to drive these cars!!