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Some local Bihari (Maithili actually) newspapers are reporting MIM is going to protect the last bastion of secularism in North India by contesting in 50 odd seats (especially Kishanganj and nearby areas)... :toast_sign:

Best news for evil communal RSS chaddiwalas :woot:
Oye aise na bol yaar ... just skipped a heart beat :woot:
 
Some local Bihari (Maithili actually) newspapers are reporting MIM is going to protect the last bastion of secularism in North India by contesting in 50 odd seats (especially Kishanganj and nearby areas)... :toast_sign:

Best news for evil communal RSS chaddiwalas :woot:

Oye aise na bol yaar ... just skipped a heart beat :woot:

does that mean that the votes will be split among the opposition ?

Don't count your Chickens before they hatch.

Even if MIM fights in Bihar, there is very little chance that Bihari Muslims would vote for MIM.Bihar election are different from Maharashtra election.In Maharashtra election,every party is on its own thus Muslims knew that there is a good chance that if they vote for MIM, MIM's candidate may win. In comparison to this, Bihari Muslims know that only Secular coalition could stop BJP+ and MIM alone would never have enough firepower to stop BJP in any seat.Thus they would tactically vote for secular mahagatbandhan anyway.

Achhii news bhi achhe se nahi post kar sakte na?? :disagree:


This




Is not a good NEWS. Since India is a marginal oil producer, I believe that India should keep prices of petroleum products artificially high by imposing high tax, in order to promote CNG and electrification.
 
good NEWS. Since India is a marginal oil producer, I believe that India should keep prices of petroleum products artificially high by imposing high tax, in order to promote CNG and electrificati
I hope you know increasing fuel prices will increase the cost of living. Albeit, it makes sense to promote CNG and electric cars...but not your way.
 
why blame those leftists/ seculars ?? aren't the larger Indian community responsible for electing them and being quite while they were on the driving seat of the nations and led India through there whims and actions ?? lets accept the blame sir.. the entire nation was responsible to stay imbecile while these bastards were destroying our nation.. :angry:

Mass brainwashing
 
Is not a good NEWS. Since India is a marginal oil producer, I believe that India should keep prices of petroleum products artificially high by imposing high tax, in order to promote CNG and electrification.

Not really...

1) India is a major developing economy and it needs Energy in huge amount to fuel its vehicles, Factories, Railways, etc. Crude Oil still contributes more than 80% of our energy needs. Lower prices automatically means lower transportation costs, lower input costs in manufacturing, etc. Hence decrease in global oil prices should be carried on to domestic fuel prices too (but in a controlled manner).

2) As it is, India has one of the highest taxation regimes in Aviation fuel, Petroleum products, etc. Every bit of decrease counts in the overall spending of the local companies.
 
I hope you know increasing fuel prices will increase the cost of living. Albeit, it makes sense to promote CNG and electric cars...but not your way.

This theory of exceptionality of Oil is a myth.I don't know who started it, but it is an example of weak grasp on economics fundamentals.

Any increase in price of any widely used commodity increases cost of living.By a corollary to that, any increase in tax increase cost of living. Oil is not much different in this respect.

But an important point people miss is that it is total taxation burden which is correlated with cost of living, not a single tax or increase.Also, Government has to collect revenue for functioning, and taxes are biggest source of government revenue. Government could collect that revenue by imposing tax on oil, or could collect same revenue by imposing extra tax on finished product. Increase in Oil price would lead to general increase in price by way of adding extra transport cost, but if government keeps oil prices low and yet impose higher taxes on finished goods, it would be more detrimental for economy than imposing higher tax on oil products. The reason for this is that it would lead to addiction to Oil due to usage of inefficient old machinery and increased consumption, and tax evasion as evading tax on finished goods and services is easy than evading taxes on petroleum.

Not really...

1) India is a major developing economy and it needs Energy in huge amount to fuel its vehicles, Factories, Railways, etc. Crude Oil still contributes more than 80% of our energy needs. Lower prices automatically means lower transportation costs, lower input costs in manufacturing, etc. Hence decrease in global oil prices should be carried on to domestic fuel prices too (but in a controlled manner).

2) As it is, India has one of the highest taxation regimes in Aviation fuel, Petroleum products, etc. Every bit of decrease counts in the overall spending of the local companies.

The whole charade of "Oil should be taxed lightly" being played on TV has been due to people not having faith in government. If government accrues a higher revenue by increasing tax on Oil products, it would have more resources at its disposal which it could invest in infrastructure.

If you trust your government that it will not "Dakar" your tax money, you should not chafe at higher taxation of a commodity whose dependence is bad for us.Conundrum of optimal taxation rate for Oil is a question of trust, not economics.
 
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This is a myth.I don't know who started it, but it is an example of weak grasp on economics fundamentals.

Any increase in price of any widely used commodity increases cost of living.By a corollary to that, any increase in tax increase cost of living. Oil is not much different in this respect.

But an important point people miss is that it is total taxation burden which is correlated with cost of living, not a single tax or increase.Also, Government has to collect revenue for functioning, and taxes are biggest source of government revenue. Government could collect that revenue by imposing tax on oil, or could collect same revenue by imposing extra tax on finished product. Increase in Oil price would lead to general increase in price by way of adding extra transport cost, but if government keeps oil prices low and yet impose higher taxes on finished goods, it would be more detrimental for economy than imposing higher tax on oil products. The reason for this is that it would lead to addiction to Oil due to usage of inefficient old machinery and increased consumption, and tax evasion as evading tax on finished goods and services is easy than evading taxes on petroleum.
You're right that am dilettante about oil prices and its effect on cost of living, it is generally assumed directly proportional to the cost of living....or so I think.
@Bang Galore @third eye @OrionHunter @ranjeet
@Star Wars
Is this guy right???
 

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