As a outright consequence of today's fuel price hike left parties have called for nationwide protests all over India starting from tomorrow. Initially the states ruled by the left regime will go into Bandh(or strike) tomorrow namely Kerala, West Bengal and Tripura. It is supposed to be 12 hour strike calling for a total standstill of normal public life. All public service utilities will not be functioning except the essential emergency services. The left parties are trying to rally support from other state parties like the Mayawati run BSP.
Earlier the Left parties decided to give a subsidy and lowered taxes on the fuel reducing the burden on the aam-aadmi(the common man).
The Prime Minister welcomed this move and rallied support from the public stating that it is "Either higher prices now or no fuel later" quoting to the deficit faced by the oil companies. He also wanted the States to congregate efforts to reduce the effect of indispensable hike.
The crunch of the fuel hike comes into effect this midnight!
With the inflation rates soaring (about 8% last Friday) your money in Banks no more going to earn you. Infact you would end up loosing as the interest rates are only about 5% .
Cook less save more!
Earlier the Left parties decided to give a subsidy and lowered taxes on the fuel reducing the burden on the aam-aadmi(the common man).
The Prime Minister welcomed this move and rallied support from the public stating that it is "Either higher prices now or no fuel later" quoting to the deficit faced by the oil companies. He also wanted the States to congregate efforts to reduce the effect of indispensable hike.
The crunch of the fuel hike comes into effect this midnight!
With the inflation rates soaring (about 8% last Friday) your money in Banks no more going to earn you. Infact you would end up loosing as the interest rates are only about 5% .
Cook less save more!
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