Hike before it is too late

Why did the government raise the petroleum prices?

(if you believe that oil companies took an unilateral decision in hiking the prices, as UPA spokespersons tell you,then you are as cuckoo as them!)

Congress party knows that,with assembly elections to 6 states coming up in 6 months time,this is the last chance for them to raise the prices and mop up additionalvrevenue. Remember, government stands to gain 50% of the hiked price as revenue throughtaxes whenever there is a price hike. With revenue collections not likely to meet the targets for the fiscal, and with spiralling expenditure, and government unable to print more money in view of inflation,any additional income is welcome.

With opposition unable to organize popular protests, and limiting their activities to mouthing meaningless criticisms in the TV studios,the Congress party and UPA is getting away with murder. They think that the common man has a memory span of 3 days in this era of visual media, and would forget this price hike by april, when the assembly elections are due. They have not learned from history. The aam aadmi has a long long memory, and has shown that their retribution is severe.

Never have we had such an uncaring, unpopular government. Not even during the Emergeny period.