Why petrol / diesel fuel prices are high in India
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- Опубліковано 18 жов 2024
- This video is on Why petrol / diesel fuel prices are increasing, hike, high in India.
/ amitsengupta01
/ amitsengupta01
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/ @amitsenguptahindi
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Google can use his voice as male Google assistant 😂
Exactly man 😂😂
Big boss petrol kam karo
@@just7324 o bhai politics ka bimaar h kya😂
fact says bhaii😎😎
True😂❤️
Why fuel price increased - Due to cost of Transportation
But Why Transportation cost increased - Due to high fuel cost.... Hence Proved🤣
😂😂good one. 😹
😂😂😂😂
😂😂😂😂😂
vicious cycle..
Kya paradox tha bhai😭😭🥲
Moral of the story you know everything but can't do anything. Grt
Exactly
True
😀
One of the big reason is double pension
@Durgesh Gandharve but if you will look Modi government or finance department has no other option instead of increasing petrol prices after this covid crisis
Very well explained. But it must be understood that huge tax collections will be never a solution as long as corruption is there in government sector
Electric vehicle: I am going to end this govt's whole career
Tab electricity charge bada denge lode to apne hi lagna hai har jagah
@@mdadilkhan1837 solar panel jindabad
No they will end whole import and government we be fine if no oil import no extra tax needed to collected.
So government is giving huge subsidies to electric vehicles.
@@mdadilkhan1837 if govt doesn't tax inflation will kill the people.
@@pratiklokhande7735 but the use of tax should be in public favour bro all the scholarship of OBC students is on hold from past 2 years , subsidy on agriculture also discontinue, Subsidy on electric vehicles not as of now.
The place where I live in Petrol is 108.21₹ per litre and literally people are getting tears while seeing the prices on pumps.
Bhai 108 toh loot hae idhar 96 chal rha hae
Ithna zyada peice kidhar hai , central govt ka toh poori india mai 32 rupees woh tax constant hotha hai , baaki jo price difference thumko diktha hai from state to stae that is because of VAT by states . Here its around 100 rupees per litre.
@@avulaakshith770 highest VAT rates in MP and refinery and distribution centre se distance ka bhi farq padta h price pr
@@adarsh3434 how did you get to know about VAT rates if so let me know where to find it because i want to see how much my State is charging for me
Sriganganagar kya?
Even a middle class family cannot buy a two wheeler. Prices has increased so much due to that of BS6 norms and the increased fuel prices. It is becoming a luxury nowadays.
Yeah.... 1 lakh for an activa... Only rich can live here
Yeah😒
Now I can't understand when international fuel price was 100 $ per Barral and that time government reduced its tax . Why bjp says "bahot ho gai moghvari ki vaar ab ki baar modi sarkar" 😄😄😄
Bonds. That's how the govt reduced its tax when a barrel cost $100.
Meaning you bought oil at costlier price & sell at lower price by loan/borrowing money. Think it as, asking the next generation to pay back the loan.
Its a fantastic scheme. We not only enjoy it, but the next generation pays for our enjoyment too. 😆😆🤣
Mr. Topic one.
Hiking price of mineral oil is poititcal weapons to launch attack on current government to grab power . It will always be political weapons in hand of opposition parties. Be NDA or UPA. 🙏👍🏻🙏
You should do a quick search for UPA oil bonds, and if you are educated enough shut up
True
👍👍👍
Inshort, keep paying more taxes to fill government treasury. 😂
yeah and hoping for better expenditure just like we are doing for past few years.
and then they use it for useless repairs where it didn't matter (to fill some crores in their pockets in name of road repair then dig it for pipes another repair cycle continues)
@@ashish4900 but I’m satisfied with governments infrastructure development
Nitin sir✅✅
@@siddharthpandey548 I'm too but statue of unity and central vista will remain the exceptions.
@Jesus Lover why u people label every one support govt policies andh bakht , what about you rice bag lover
As a middle class citizen we can understand the hike of oil charges for our fiscal deficit but can't understand why govt. is not collecting much taxes from corporates instead of doing that govt. giving further concessions to them, why? corporates wont understand our country's fiscal deficit!!!
If u increase taxes on corporates then they will leave india, that would be a disaster
@@ramaskali772 I dont think it is a reason for it, what the practicality was they won't fund to the political parties if they increase tax, if they won't fund to the parties they loose the resources to win in the elections ..........what would you say?
@@ramaskali772 don't need to increase, why they reduced existing corporate tax in first place?
@@saddamshaik7646 no man u r wrong, politician can earn money through various other ways
@@leyandorlogan3401 bcuz if you reduce tax, output cost will reduce keeping same margin of profit which will result in more investment, more jobs, more prosperity
Once the fuel price is increased every good price gets increased as well, so it brings inflation instantly. And once prices get high it's harder to bring them down later. So, How to stop that ?
Bhagao saalo ko
Renewal energy sources
The fuel prices remain unchanged when the elections are here.
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India
That's amit sengupta doesn't tell you. Where does the all the money come during election and buying MP and MLAs in hundreds of crores.
Does sengupta sir will tell about this?? No. They doesn't make video on thisand on why election rally are being conducted during WB election when pandemic is there. Why you can't know about public funded PMCARES FUND ??
@@sambitsahoo6125 expenditure of election rallies comes from party funding. These are not govt money..don't talk like a noob..
@@bikinihotscene you didn't get him. The party in power steals a share from country's treasury. And uses it for the next elections. Also many companies fund them too.
Another masterpiece has arrived again!🙏🙏
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India
Isme masterpiece ka kya hai ..he is giving information
Government thinks every citizens earn 1 lakh per month so they can afford this hike in price of petrol , diesel, gas cylinder 🥺🥺🥺🥺
Exactly, my mom started using chulha for cooking 2 of 3 meals to save up on gas ☹️🥺
Rooftop solar panel
Very pleasant Voice with convincing teaching approach makes him a very special one ... Amit's lectures are truly masterpieces !!! Kudos 👍👍
Why he sounds like "if govt sets the price at 500, still we have to buy as the economy is down"? 😂
Please tell Chinese authority to release some more viruses then u may experience it as well 😂
@@akshatadarsh3441 The Dictator can have a word or two with another Dictator while swinging at a swing. No need for another virus, they are enough.
That is because you are dumb to not understand what he said. The price should not be too high which prevents consumption at the same time not too low which encourages over consumption.
500 ka toh coffee tak nhi aqta
Aor tumhe petro chahiye
That's exactly how he sounds
Informative Sir 👍. Poor becoming poorer... Rich becoming richer... It's not good for command people 😔
This is called powerful content as sir always provided to us .. simply awesome explanation sir 🤗❤️
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India
You are the best, I've never ever seen to explain concepts in a very detailed way
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India
1)What is impact if RBI increase its interest rates explain with example sir
2)what is reason behind to increase stock market even though covid cases in the high numbers in India
3)what about MSP is it really implementing in ind?
4)is it really government going to double the farmers income double@ 2022
5)is it really government going give Exgracia to the covid deaths
6) wt is the inflation,how to control the inflation?
7)what is best governance a)free scheme b)creating employment
8)what about the electoral bonds what is ur view for transparency
9) how do you react BCCI donation to the sports ministry for 2016 Rio Olympics -it given 50cr but ministry was spend only 8cr (source from THE HINDI)the information provided by RTI
10)FINALLY is this petrol prices is helpful for Indian economy
Govt shouldn't have reduced the corporate taxes that it did in FY 19-20. The corporate tax cut has put additional burden on the public in the form of higher direct & indirect taxes. Moreover the corporates haven't passed on the benefits of corporate tax cut to the public in terms of higher investment and job creation.
Exactly and I think govt is not in the mood to tax the rich
@@adarsh3434 the rich have a strong lobby with the govt.
Intresting information
@@forbidden_cactus fact
That money should have gone into msme instead.
Simple but powerful explanation
Does the last government had issued Oil Bond during 2005 - 2010? If yes, kindly analyse it's effect (though you have already mentioned national debt in this video).
Thanku sir I never know the way u
Every Indian should watch this
Sorry ! I am little late in watching.
Amit Sir, your idea of selection topic of choice is great. You always brings most relevant facts to the viewers. Commendable job, tremendous efforts.
Transparency of explanation is absolutely impressive 👏
Funfact: when the election period occur the government tend to stabilise the petrol prices.
I bought a cycle for 7k last year and I am using it happily for short distances , and I’m saving my petrol expense
Finally reached 1million subscribers..so happy for you!!
The only youtube channel in India which gives transparent info!
Appreciate ur efforts sir!!
Namaste sir... You are the master of explaining things.. In it's shortest form and with sweetest voice...
Persons should stop filling petrol and give a lesson to govt
Sir, please make one video on why cooking oil prices are sky high !!! thank you
Govt always thinks about its revenue but a large portion of people in india are jobless now and also some of them are not getting food that is required to them and also there is reduction of salary, so how do they manage that.
Same as how govt is going to manage it's expenditure if so much debt is there??? If debt increases, inflation is also going to increase.. what do you think government must do in such case??
@@ektasingh225 same as how govt is building its central vista project. In the time of upa, BJP is like we will make the oil price 35, we will bring black money, where is that. Did anyone get the black money. If there is debt then why govt let the fugitives escape without paying the money. There r a lot of people like them. And why would all the poors and middle classes have to bear the brunt, what about the riches. Poors r nt getting their proper basic needs but the netas and corporates r gaining wealth. Govt should have a policy on the unemployment that is going higher day by day. We r paying high taxes of everything but why is the health system not improved yet. We should question govt about everything n shouldn't support govt blindly irrespective of any party. We cant pay taxes blindly.
@@critic3787 I asked you solutions not problems.. everyone knows about all these things.. policy for unemployment.. but what kind of policy do you think would be good considering the current situation.. and slow claps for you who thought that any govt could bring black money that too which is deposited in any other country..
As the video says losses are socialised and profit are privatised.
Taxes will be paid by everyone and benefits will only go to the SC ST OBC MUSLIMS AND womens.
Only thing we can do it reduces over consumption.
Oh finally my requested one is here...🙏 Thank you so much
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India
sir please make some basic vedios about econimcs subject . this is humble request....
I really appreciate the efforts of Mr. Amit Sengupta for making informative videos and creating awareness. Thank you sir!
Why fuel price is stagnant during election amidst escalation of international price. As soon as. poll is over price starts shooting ,no matter how lower the international price.
Your video is savior in this critical situation. I love your justifications. Every government should use this video for justification.
There is a crippling need of world history sir.
Watch @Abhijit Chavda UA-cam channel World history podcast.
@@vaibhavvishal7865 Thanks Vaibhav, I will definately give a try.
Nice explanation., However could you also reason out why the govt is not decreasing the tax when the crude oil price rises ?
It's like govt simply turning a blind eye and leaving the layman to face the burden of world economics.
And our beloved Ramdev Baba Said in 2013," Modi aayega toh petrop 35 40 ka kar ho jaayega"!🙂🤦♂️
Hahaha some people believed that 🤣
Lol
* Per half liter
@UTSAV ANCIENT go and check inc. in taxes by govt over the last 7 years on petrol and diesel and you will stop posting this type of "overexpertise comment" idiot!!
(for your quick reference:inc. by 452%)
So nice to watch this video because not only knowledge and it having me as good English listener and also it is developing language also it is my pleasure that I could become a part of this channel so thank you sir hope there will be more onit
Coincidentally..Delhi CM recently just announced free electricity bill charge to 300+ village😂
Very good evening sir,, I'm very much impressed with the way you speak and inculcate your views. Actually I don't have sufficient words to extol your teacher pattern. Can I request you to teach us modern Indian history in same language and style sir??
Country is national debt and Modi ji be like...let me make a central vista real quick
Our country is in debt but still someone from ur family is still earning money pls dont... distribute money to others too....weirdo 😂
@@govindjayakumar someone who is earning in my family does not have the responsibility of looking after the whole country. A Prime minister does. Hope you get some wisdom.
@@jauharshahbaz someone not in ur family and mine are being employed and paid a daily wage for their involvement in the vista project. Employment is being given ..think before u talk prick 😂
@@govindjayakumar one must be a dimwit like you to not understand the priorities of a government. It's people and their health not an unnecessary infrastructure.
@@jauharshahbaz ok kid whatever makes u happy 😂
Honestly said...well said sir
A big thank you sir for crystal clear concept on petrol/Diesel prices
1st viewer & liked
Any chance for hindi language in future! Plz sir kindly consider
U made me understand about fuel prices in India....
There is such a great calmness in his voice, within just an interval of 10min. He has this magic of compiling the best source of knowledge. just love the way he deciphers the concept.
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India
Sir you make it very easy to understand. Thank you so much sir
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India...
Petroleum minister says that price hike is due to oil bonds.whats that concept sir
These are long-term special securities issued by the government in place of a cash subsidy. Oil companies are paid interest through it, typically over a term of 15-20 years.
They are issued if the government is in danger of breaching the fiscal deficit target and aims to delay the fiscal burden of such a payout to future years.
Petrol and diesel were being sold at lower than the international market price before the complete deregulation of rates.
To compensate for this, the UPA government issued oil bonds to the companies amounting to ₹1.4 lakh crore between 2005 and 2010.
@@gunasekharj3883 ek sal mein 3-4 lakh cr taxes se ate hain .Yeah govt bhi waise hi bond banati hogi bas yeH ek agend Hai ab jab barrel oil jab 1st qtr 2020 mein 1$ se kam tha uska kya ho raha tha sab milke aam admi ka hi ache se le rahe hain.
Very informative as always. Thank you
Always Ends with perfection
Central Vista !!!! What's it's importace? Why it is priority? Please explain sir. I don't have any clear and relevant article on this and it's also imp for polity. Thank you sir for this video.
Read SC judgement
Sir please cover NCERT 11;12 economics..........plzzzzzz sir it would be great and helpful........
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India...
Crisp and insightful content.
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India...
Excise duty is what Union govt gets in sale of petroleum products and it needs go be shared with the states. But currently the Union govt has increased the cess and decreased the Excise duty. If you have included the current Excise duty rate and the exact cess amount it would be great.
Congratulations for 1million subscription sir🎊
My father is auto driver and more than half of the earning of a day goes in petrol tell me how we are going to live ....
You have to become IAS
FOR YOUR FATHER
Finally 1 million
U deserve more love from us Sir❤️
Meanwhile nirmala tai-
Main toh cycle use krti hoon
@amit sengupta - why you haven't talked about the ripple effect of the high fuel prices on other basic consumables of a basic citizen ?
The another main reason of increasing fuel price is Congress’s Oil Bonds, why no one telling people about Oil Bonds?
What about oil bonds? A total of 1.4 lakh crore of oil bonds released by UPA2 during 2005-2010. Nothing new about bonds..there are fertilizer bonds, even this govt. has given out 2.55 lakh crores of bank re-capitalization bonds. So these are regular practices of each regime to hide true fiscal deficits and pass on the burden to future generations. As for oil bonds, this govt. has paid around 3.5K crores as principal and 40K crores as interest so far. In 2021 October it has to pay out 10K crores in 2 installments. But look at the amount earned by way of fuel taxes. A staggering 3.6lakh crores in the year 20-21. How is it becoming difficult to repay 10K crores eh? Let us not blame only one cause. There are many, some justifiable, some not. But we, the common people are the ones to bear the brunt at the end and it hurts if there is even a single unjustifiable cause and an ignored opportunity to provide price relief.
@@saugatabhattacharyya34 Are bhai kuch log govt ko itna support karte hain utna apne baap ko bhi nii kiya ho .Har ek decision mein support jaise yeah sale bhgwn hai.
What a great presentation and also explanation...that makes you utter different from other youtubers
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India ..
Central government tax (excise duty) that is 32.90 also divided in to 2 parts.... 50% get state government and remaining 50% get Central government.
No.. It's not entirely divided. Only basic excise duty is divided. It's only about 2 rupees out of the 32 rupees. And it's divided among all states... So each states won't get a significant amount.
Not as of now.. Only when it comes under gst i guess.
Thnku so much this video is very helpful.... ☺️👏👏👏👍👍
I don't think they will ever opt on reducing fuel taxes, thanks to their opulent nature. It's common men who will and always had faced the consequences. We are sitting quite and watching the tantrums of political parties.
Your explanation is very intriguing. Didn't know when I came to the last second👍
If Sir is taking break between
Then it's gotta be another masterpiece ❤️
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India
Precise,content driven.
For all the people fighting about the oil bonds issued by the UPA , the incumbent BJP government till now has paid meagre 3500 crore rupees out of the total 1.35 lakh crore rupees. The bonds would become redeemable in FY21 and here also the government would be paying back the money in installments the first installment being in the tune of rupees 10000 crores, these figures may seem enormous but when seen in juxtaposition with the amount of money collected by the government in the last fiscal year from petrol/diesel which was more than 3.5 lakh crores rupees, they become insubstantial. All the government including the incumbent governent has used bonds in order to whitewash their budget deficit, so blaming the previous government for the current fuel prices would not be correct.
Yes,you're actually correct. This year 2 bonds worth Rs 5000 crore each will be matured,so the modi govt has to pay back 10000 crore rupees in total. But in 2021 alone till now,the govt has collected nearly 3 lakh crore as taxes. So 10k crores when compared to 300k crores in actually a miniature amount. They're just spreading false facts.
Moreover just like the oil bonds the UPA govt had also issued fertilizer bonds. And the present govt is paying back them also but the prices of fertilizers have not gone up as much as the prices of Petrol/Diesel. It's just bullshit logic being used by the GOI to escape criticism.
@@jayantsingh2829 lol , going by that number 3lak cr was collected in last year from fuel taxed and almost 2lak cr in first this year from fuel which should be good enough for paying the bond due in 2023-24 and yet to consider tax collected since these bond were bought .
Amit sengupta ji..... I have not knowledge about it but i have a simple question... If price rate hike on the time of congress then it is faltu of congress party.. If the same situation arise on fir pjb then reason and reason is the solution....
Crisp and to the point.... every minute details are covered vividly
The poor & the middle class is always there to bear the burden. Life is not just for everyone...
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India
So. This calculation was not there when congress was ruling?🤣
At that time those who were in "opposition".. why were the shouting about those prices??🧐
Congress was using tax payers money to subsidize Petrol/Diesel prices. This means there was no money for military, highways, railways etc. Congress also used Oil bonds which they passed over for future generation to repay that money.
Search before commenting what was amount of crude oil bonds modiji have already earn it back in 2015-16 and now they have given u a lollipop of bonds which your are licking and he’s is earning from your pockets then to debt on country rose from 51 lakh crore 2014 to 94 lakh crore in 2020
@@hsbrar15 You do realize when you start your arguments with insults you already lost the argument? Before speaking about Oil bonds read something about fiscal deficit.
@@gotfan7743 bhai I think you should watch this before any statement
ua-cam.com/video/AVLgl9VCCXI/v-deo.html
Thank for for these amazing presentations sir! Its very simple and fun to understand!
Please call "centre" as "union" government from your next videos.
GoI calls itself Central Government mostly. Check the recent Cable Television Networks (Amendment) Rules 2021. See the language used
@@MrPhotographist that's the problem, it has to be changed. Constitution never used the "Centre Word" it has used Union.
Aaj ka Hindu editorial padh kr aaye ho
@@aparajitasingh2398 🤣🤣
@@aparajitasingh2398 Bhai the Hindu bhut biased newspaper hai 😢 not a single article on Post election Bengal violence 😢😢 Name is the Hindu but work is Anti Hindu 😢
Precise and best💯💯
Point to point points
Keep it up bro
Petrol and diseal price are high so that goverment employee salaries can be increased!(7th Pay Commission: DA benefits to central govt employees from July 1)
That's why I want govt job.
And also subsidiaries ....
And same employees more than 50% of total IT.
Thnku for explaining in this way.
Buy cycle or TVS heavy duty - 70km / liter 😆
Your voice👌💫
Thank you so much for this video
Very informative as always!
This is no explanation, this is all about defending the government.
Thank you so much sir ❤️😘
Sir, fiscal deficit z always being in d game since long time nd to fulfill the gap by practicing price hike in the essential commodities is not a good idea as well as correct... before the pandemic the situation was same as today so all d time giving the excuses of ' pandemic, pandemic,...' is not okay.....!!!
Yess it is always in the game..and it will always remain..
But fiscal deficit incs/decs according to the conditions..
Because of the pandemic.. government provided different free schemes to the people..decrease in exports..decrease in manufacturing..decrease in tourism..so fiscal deficit is more..so it's not an excuse..but it is a reality!
But increasing prices should be handled by the government..as a middle class person myself..I'm also concerned with this..inflation has increased in the previous months.. government should introduce some other policies and different strategy..so as to curb the increasing prices!
@@Darkrider_Adi Already mentioned in the above comment fiscal , inflation etc may differ per d situation but wat about d condition before d pandemic...the scenario was not very gud...the problem regarding d price hike was still there with little difference..here who will b questioned???...in dis regard d pandemic been referred as excuse..!!!
@@nazmakhatoon9204 Could u please justify how inflation was not so different compared to pre-covid situation? Becaz neither I have experienced nor I have read somewhere about the thing u r talking about.....
Respected sir , your session are outstanding and incredible
Kya farak padta hai, what matters is its “high”, for a normal consumer.
Your lectures are very useful sir.please continue.
Inshorts, pay more and more tax to fill government Treasury...
😂😂😂
Please make a video on civil services exam for beginners
Just about which books important and which sources are best for economically backward students
ua-cam.com/video/QoaXm730iIA/v-deo.html main reason for petrol prices high in India...
End of the story is you on gov side
Fuel prices is also increased will lead to increase of inflation don’t you think in that way, killing the common man who earns minimum in rural India, buy increased taxes on every product they buy, don’t you think that this expenses of gov is not new, every gov till now has experience, don’t convert inability of gov to necessity,
Why Government can't do costing on election rally? Please make video on this Mr Sengupta
There is a clear lack of transparency transparency=less corruption
Very well explained, Thank you Sir
My friend, You should tell how come Delhi govt afford to give free services to their people.
Because they stop or slow all infrastructure and devlopment programme. Today colony have very bad condition
@@Vinayrsy ok ..but we love delhi govt
By not constructing a single Hospital or Flyover in their first 5 year Tenure....
Simple....
www.google.com/url?sa=t&source=web&rct=j&url=in.news.yahoo.com/amphtml/delhi-government-built-no-hospitals-050946291.html&ved=2ahUKEwjD3s_d4LvxAhXJ6XMBHUsEAsYQFjANegQIMRAC&usg=AOvVaw2eQnhfiKVvmlXR1zqMCStP&cf=1
Happy 1 million ❤️
You are being biased. Fiscal deficit is a ridiculous reason. When fuel prices are high,taxes are even much higher, still same fiscal deficit reason will be given.
Such a dumb comment 🤦
Let's wait and see what happens, we need to be conscious of what would happen
I agree.
@@khajoor1313 Yes, we should always be critical of Govt, be it any party, we like it or not.
Not getting,he already became.....
Simple and very sweet sound,love from Bengal
Price hike must be probably because of Jawaharlal nehru😭
Sir how we know next day the patrol price will be increase or Down kindly tell me Application or link