oil price decreasesing- dose modi has anything to do with it.

[Screambowl]

Onion ,Vegetables and fruits are being converted by MODI and Nawz to produce more oil. Man you guys arent happy more oil less food you complain more food less oil you complain.

Indians have no problem if farmers are getting half fraction of price rise, but this fraction goes to dalals in middle, they are mafias who manipulate the prices and from there a cut of this fraction goes to politicians. It happens in Pakistan also.

 

[Guynextdoor2]

Works both ways. He did achieve the politically risky decision of de-regulating petrol/ diesel prices. But the lowering of prices is because of global trends. We will have to wait to see if it is 'good' or 'bad'. If de-regulation plays out well, then he'll still be in positive territory. But if he lets crony capitalism (something he is filled with) take undue advantage, then it's a net negative. We'll have to wait and watch.

 

[xyxmt]

yes off course, middle eastern countries dont want to make Moodi mad and hence increasing output