Increase of prices on diesel and cooking gas – financial reform ?

For some time now, there has been a lot of pressure on the Government to take steps that demonstrate financial reform. These are in many varied areas such as allowing increased foreign investment in the pension sector, in airlines; allowing 100% foreign ownership in retail, reform in labour sector, and in reform of the petroleum […]

Delhi Government forced to reduce the VAT on diesel, after finding that people voted with their feet

Sometimes, Governments get feedback from the citizens in ways that they cannot anticipate. One example was seen in the recent issue about the VAT rates on diesel, implemented by the Delhi Government. The Commonwealth Games to be hosted by Delhi in October is sucking in more money that anticipated, and with delays, especially for the […]

Will demand for diesel cards reduce if price of diesel increases ?

The Government went in for a partial decontrol of the prices of fuels, with giving a full decontrol of the price of petrol (and promising that future prices will be linked to international prices of crude); the prices for diesel have not been fully decontrolled, and the prices for cooking gas and kerosene have been […]