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Fuel Price Hike In India

Date post: 21-Nov-2014
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An introspection about the recent fuel price hikes in India.
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IN INDIA
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Page 1: Fuel Price Hike In India

IN INDIA

Page 2: Fuel Price Hike In India

Paid to Re-finery61%

Excise Duty20%

VAT17%

Dealer contribution 2%

Fuel price contribution in India

Page 3: Fuel Price Hike In India

CAIRN INDIA

Major oil exploration and production companies in India

Page 4: Fuel Price Hike In India

Price hike trends in India in last ten years

Page 5: Fuel Price Hike In India

Economic Reasons

Supply and demand imbalances

Black Marketing

Black money

Rapid Growth of Population

Taxation

Deficit Financing

Increase in Money Supply

Causes of fuel price rise in India

Page 6: Fuel Price Hike In India

Social Reasons

Increase in number of vehicles.

Use of vehicles even for short distances.Huge loss of fuel due to keeping engines on at traffic.

Poor R&D in automotive sector.

Causes of fuel price rise in India

Page 7: Fuel Price Hike In India

Causes of fuel price rise in India

Political Reasons

Rejection of India’s call by OPEC for regulating crude prices through a price band.Unsolved present issue of payment with Iran, India’s second crude oil supplier.

Absence of reforms to regulate automotive sector.

Huge tax revenues from import of crude oil.

Page 8: Fuel Price Hike In India

CURRENTEFFECTOFFUEL PRICEHIKE

STOCK MARKET CRASH

Page 9: Fuel Price Hike In India

FUTURECONSEQUENCES

Page 10: Fuel Price Hike In India

Public transport

StepsNeededTo be takenby thegovernment

Page 11: Fuel Price Hike In India

People of same destination and same work

Steps needed to be taken by the people

Page 12: Fuel Price Hike In India

SAVE FUEL SAVE nation

Thank you


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