Why budget opinions by CEO’s be taken with a pinch of salt!



World oil prices Jan2009: $44 per barrel, petrol in Delhi Rs40 per Litre
World oil prices Jan2015: $44,per barrel, petrol in Delhi Rs58.per Litre

Difference: BJP taxes.

The only real defense i think of for the reduction in subsidy, is that BJP wants to improve the fiscal deficit.

Isn’t 18Rs too big a hike? are they willing to explain this to the voters?