Ratilal Shah - Comments

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Who Is Behind The Oil War, And How Low Will The Price Of Crude Go In 2015?
7 years ago

The Oil Price drop will be good for the Indian economy/public as it will stop the new Modi Govt. from increasing taxes under the pretext of meeting the rising Oil Import Bill. However, the drop in international price must be passed on fully to the common man by reducing gas/diesel/petrol prices and consequently taxi/rixa/bus fares all over India. The profit of the Indian Oil Importing companies must have a cap of max. 10% and the dividend on their shares which are mainly held by their employees must also not exceed 10%.

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