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More protests in India after raising of fuel price
Houston News.Net
Tuesday 9th March, 2010
The main opposition Bharatiya Janata Party in india has protested over a hike in fuel prices.
Marching on Parliament House, opposition protestors led demonstrations and disrupted parliament this week demanding that the government roll back the decision to raise fuel prices, saying it would only fuel inflation, which is already at nine percent.
The gasoline hike should take prices up by about six percent and diesel prices by about eight percent.
The Indian government has indicated it will push ahead with its decision to raise the prices to bring down the fiscal deficit, which is at a 16-year-high.
While India subsidises the prices of oil products such as gasoline, diesel, cooking gas and kerosene to protect poor people from sharp fluctuations in energy prices, economists have been calling for an end to these subsidies, saying consumers only use them to consume more petroleum products.  Email this story to a friend
Comments on this story
jenna
03-09-10, 10:28 AM |
Indian fuel prices receive protests
how do you handle such massive problems in south africa?
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youwot?
03-10-10, 12:34 AM |
Uh, not to be too picky about it, but that article was about India, not South Africa...sooo, uh, maybe you should have a look round your house for your intelligence cos you’ve obviously lost it.
FAIL.
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Anonymous
03-10-10, 05:17 AM |
They need to invent a car that use garam masala for fuel the car.
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