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Moneylife » Economy & Nation » Economy » Taxes are root cause for under-recovery of oil companies: Raise Your Voice -Part 1

Taxes are root cause for under-recovery of oil companies: Raise Your Voice -Part 1

    • Dayananda Kamath K
    • Prakash C Sheth
    • Dayananda Kamath K
    • Bakul Gandhi
    • M G Warrier
    • 17 comments

EAS Sarma | 24/09/2012 12:44 PM | 

EAS Sarma, former secretary to the Government of India shares findings of the National Institute of Public Finance on how diesel prices are loaded! He also exposes how core sectors such as agriculture, transport, power and industry will bear the brunt of the rise. Now is the time to raise your voice…

Prime minister Dr Manmohan Singh had made it look as though the hike in the price of diesel was the most urgent act of reform on the part of his government. Let us consider it in the overall perspective of the oil economy of our country.

 

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