tag:blogger.com,1999:blog-13209720.post115010215559789549..comments2007-03-05T10:51:45.188+05:30Vivekhttp://www.blogger.com/profile/09990763077941665358noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-13209720.post-77292356705601182572007-03-04T23:46:00.000+05:302007-03-04T23:46:00.000+05:30

vix i dnt really get ur point clearly..but still here are my 2 cents..<BR/>a cut in prices of essential consumer products during inflation only serves to aggravate the problem..the objective here is to suck out excess liquidity from the system as opposed to infusing extra money in the economy..which explains why RBI hikes the short term lending rates and CRR..a price cut in petrol is largely a

anshulhttp://www.blogger.com/profile/07870963655624518524noreply@blogger.comtag:blogger.com,1999:blog-13209720.post-65558690064704216482007-02-18T23:40:00.000+05:302007-02-18T23:40:00.000+05:30

lol .. the comment is longer than the blog itself!!

Samridhhttp://www.blogger.com/profile/15336330542379710973noreply@blogger.comtag:blogger.com,1999:blog-13209720.post-1844170028733348332007-02-17T04:08:00.000+05:302007-02-17T04:08:00.000+05:30

I don't think what you are saying is very true, about the easiness of rolling back prices. Because taxes traditionally have been raised or increased during the budget only (except for introducing an entire regime of taxes, i.e. the VAT, that was a totally different ballgame). Besides introducing a tax on petro means introducing a finance bill in the LS - God only knows if and when it is

Vivek Sonny Abrahamhttp://wnwek.wordpress.comnoreply@blogger.com