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RE:appropriate report card
by Kabir on Jun 13, 2008 02:28 PM

Hi Hanif,
That is what my point is..if you have read it carefully "India is self sufficient in processing crude oil and 90% of the processed petrol cost is that of crude oil" so only 10% is the processing other cost...still fuel prices are so high in India...one should think about GOVT's CLAIM TO HAVE SUBSIDIZED PEOPLE after having charged huge amount as tax on fuel.

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Where is the money going?