90% Of The Fuel Is Used For Intermediate Purposes
Every few days, Rajkumar Sharma, manager of a group housing society in Noida, trots off to the nearby petrol pump for his quota of diesel for the society’s power generators. But his back-of-an-envelope calculations have got more urgent of late. “Our average monthly consumption is around 400 litres, which means a monthly expenditure of Rs 20,000-22,000. I’m sure this will now go up by at least 10-15%.”
The decision to deregulate diesel prices may have been something the government could no longer delay, but the immediate impact being felt by those who are part of the ‘diesel economy’ is there for all to see.