The Centre must reduce fuel taxes, increase subsidies, and desist from raising indirect taxes. The only way to fund the extra expense will be to find additional revenue streams
Tag Archives: Fuel prices
Is India a friend or a foe for the US? Is being antagonistic to China and Russia necessary? Compulsions of an interdependent world are making ‘foes’ into friends.
US has no moral rectitude to deliver ethical sermons. But regardless, India must take a holistic view in purchasing oil from Russia—it’s not a rosy picture.
Praveen Chakravarty writes: India can afford neither trade sanctions nor a geo-economic war over ‘de-dollarisation’.
The three stars— a ruling party’s Parliament majority, development agenda and low oil prices— may never align again, that is the biggest takeaway from Economic Survey 2018.