subsidy problem

This article explains why the Govt of India has not choice but to pass on the additional costs due to crude price increase to consumers of Petrol, Diesel and LPG. It will do good in the long run

This Budget has disappointed on several scores, however the biggest disappointment by far has been the one-trick act that the government revenue has been reduced to.

Analyzing three main factors- Global crude oil prices, percentage increase in Indian prices and subsidy given on the fuel, impacting fuel prices.