Fuel is still cheaper in India than in Europe. It costs 93 rupees a litre in Germany. We should reduce our addiction to foreign oil by raising fuel prices.
Lesser Oil consumption means lesser forex outflow. Lesser Forex outflow means stronger rupee. Stronger Rupee means lesser inflation.
RE:Raise fuel prices
by Sanjay on May 28, 2008 01:35 AM Permalink
You are missing the higher inflation as price goes up for fuel. Please don't subject us to higher inflation still petrol is cheaper than America
