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Saturday, 27 October 2018

High Petrol Price Facts-India



HiGH PETROL FACTS

1. 80% crude oil are imported

2.In 2012 one barrer of crude oil increases to rs.120
So government incresed price of petrol,but now barrer rate around  decreased to around  50 but Govern not reduced price(In 2012 ,While congress ruling ,Modi twitted  petrol price peak  because of Congress.

3.2016-17 - Petrol Revenue for Govern 98k croce.

4.2017- 18- 2lakh cr+ Gst implementatio.
5.Petrol prices vary state to stae because of state Govern tax-( State govern can reduce tax for petrol)

6.Money value decrease

7.Dynamuc price startergy-

8.If Gst implemented for petrol then petrol price Rs.45 approx..( Govern says it some tech problen to add petrol to Gst )- (Governemt reacts like Viva  students -Givinvg answer then links Earth and bike - Not suits)

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