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i did not get any notification...as always.
In a confidential letter to the Congress high command
ironical!!!
Everyone knows about it now. :lol:
"Nair community, one of the strong supporting communities of the Congress, is now shifting to the BJP and the LDF. Ezhava community is already having an alliance with the BJP. It helped them gain," he said in the letter sent last month.
He said that? Lol
If this is true, then congress loves to play religion card under cloak of secularism and righteousness.
 
No idea..... some say PMO did it, and other say Vellappally did it....... Who ever did it, Ooman was pretty happy with it...... it was blessing in disguise for him....
Actually ''junior mandrake uncle(Vellapaly) is a double agent of Omman chandy..Vellapaly though a hardcore sanghis But his best friends in politics are two Christians-Chandy and kozha mani..I don't think he will do anything to harm their friendship...Definitely the work of our '"Selfie Mannan-Ulagam chuttum vaaliban''..
 
Congress Sukhdev Bhagat wins Lohardaga Assembly Seat in Jharkhand bypolls by huge margin of 23,288 votes...

Modi magic rejected!

BJP gave ticket to wife of the convicted MLA....Lol at honest Modi sarkar.
 
Actually ''junior mandrake uncle(Vellapaly) is a double agent of Omman chandy..Vellapaly though a hardcore sanghis But his best friends in politics are two Christians-Chandy and kozha man

They are not the best friends these days....... Let us not forget they blocked his main income source....... mandrake has lost close to 20 bars across Kerala...... Btw Mandrake has only one friend....... That is Gandhi in a paper......
 
Well the current fuel prices are too high for the current crude oil price....... How much ever you want to justify it...... Every one of you would be jumping all over if it was taken by some other party....... Current crude oil price is around 39 dollars....

It is very easy for any party to go for popular measures. Shouldn't you be happy with this fiscal balancing act by the government even if it is not popular?

Besides, 42% of the excise duty goes back to states - not center. So Center, per se, is not the only beneficiary of this hike.

Arun Jaitley Explains Why Petrol, Diesel Prices Are Not Falling Fast Enough - NDTVProfit.com
 
It is very easy for any party to go for popular measures. Shouldn't you be happy with this fiscal balancing act by the government even if it is not popular?

Besides, 42% of the excise duty goes back to states - not center. So Center, per se, is not the only beneficiary of this hike.

Arun Jaitley Explains Why Petrol, Diesel Prices Are Not Falling Fast Enough - NDTVProfit.com

This is not the first time they did it, if i am right this is the second or third time they hiked taxes........ Again it depends on which side of the political divide you are....... For me i feel it is a burden......
 
Well the current fuel prices are too high for the current crude oil price....... How much ever you want to justify it...... Every one of you would be jumping all over if it was taken by some other party....... Current crude oil price is around 39 dollars....

Watch this Video... Center has already decreased the prices but State governments are not passing it on to people they increase VAT to amount it for state government treasury... apart from that center pays a part of the oil benefits from there revenue to States... and rest all the lower oil price benefit is pumped to Power the ambitious 35 Km a Day road laying...

This is a GOD given opportunity for fund us the rapid infrastructure development of the country... if the benefits are fully passed on to people as good will what is the difference between NDA and UPA... we are here to take tough decisions for the benefit of nation... so until the food prices and over all inflation is in control there is no limit in oil price increase... Poor are not effected by the Oil price increase until there is inflation in food price...

and decreasing the oil prices with the international oil price may lead to inflation in negative which is again bad for the economy ... I think Modi government is balancing it out well in this one department.


 
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This is not the first time they did it, if i am right this is the second or third time they hiked taxes........ Again it depends on which side of the political divide you are....... For me i feel it is a burden......

Modi wants to take advantage of every fall in crude prices to mop up more revenues to fund development/subsidy programs elsewhere. Also, this is a temporary measure to repair/strengthen fiscal position of the nation (which was left in doldrums by the previous government) while the crude is still low. The crude will most likely stabilize or even go back up to original levels. Then the excise duty hikes will also be rolled back accordingly.

Besides, the price the consumer is paying now is still less than what he was paying before the crude started going down. Then how exactly is this a burden?
 
The crude will most likely stabilize or even go back up to original levels

It is expected to be around 40's for some time......

Then the excise duty hikes will also be rolled back accordingly.

I do not have much hopes on it...... They are no different from what UPA was (when it comes to policies) To add to it, State govt (in my case) also increased the vat.... Earlier petrol was 3 rupee cheaper compared to TN, today i pay 3 rupee higher than TN

Besides, the price the consumer is paying now is still less than what he was paying before the crude started going down.

When the crude was at 140, My petrol price was 74, and today Crude is at 39 and i pay 64...... (dollar that time was around 60 and now it is 67)......
 
I do not have much hopes on it...... They are no different from what UPA was (when it comes to policies)

Modi is very keen to keep inflation under control. As you can see, inflation is still around 5% (would have been even more manageable if not for deficient monsoon).

When the crude was at 140, My petrol price was 74, and today Crude is at 39 and i pay 64...... (dollar that time was around 60 and now it is 67)......

Mate, as you yourself mentioned, the fall in crude price has somewhat been compensated by the fall in INR. Aren't you contradicting yourself here?

And you are paying lesser for your petrol now than when crude was at its peak. It may not be proportional, but that's where Modi is trying to mop up some easy revenues while he still can, without adversely affecting the inflation.


Anyway, like I said earlier, it would have been far easier politically for Modi to simply go for popular measures by passing the fall in crude to consumers while the long term fiscal situation suffered. But he has chosen to go for the unpopular measure which could benefit all of us in the longer run. For that, he needs to be commended.
 

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