---------- Forwarded message --------- From: Srinivasan Sridharan <[email protected]> Date: Sun, 4 Jan 2026 at 10:50 Subject: Re: [society4servingseniors] Global Crude Oil Prices Down — But Not a Rupee Relief for Indian Consumers To: Rajaram Krishnamurthy <[email protected]>
I came to know this because 40 years ago , when I was with BHEL we got a request from Govt of India to develop special combustion system for smokeless combustion of dry paddy stalks! Sridharan Sent from my iPhone On Jan 4, 2026, at 10:15 AM, Rajaram Krishnamurthy <[email protected]> wrote: And added to it the traffic at delhi gas KRf On Sun, 4 Jan 2026 at 08:56, Srinivasan Sridharan <[email protected]> wrote: > Haryana is growing paddy in a big way. The cattle of Haryana do not > consume dry paddy stalk, (வைக்கோல ) and hence they burn it away in large > quantities! This creates the smog (especially in winter) in Delhi! > Sridharan. > Sent from my iPhone > > On Jan 4, 2026, at 8:45 AM, Rajaram Krishnamurthy <[email protected]> > wrote: > > > > In India, petrol and diesel prices often rise or remain high despite > falling global crude oil prices due to heavy central excise duties and > state VAT, which comprise 50-60% of the final price. Governments maintain > high taxes to boost revenue, while weak rupee exchange rates and inventory > costs for Oil Marketing Companies (OMCs) offset international price dips. > > Reasons for High Fuel Prices Despite Lower Crude Oil: > > High Taxes (Central & State): Taxes constitute over 50–55% of the petrol > price. Even when global oil prices decrease, these taxes are not reduced, > preventing the benefit from reaching consumers. > > Revenue Generation: The government utilizes fuel taxes to generate revenue > to cover fiscal deficits and fund expenditures, often increasing excise > duties even when international prices drop. > > Weakening Rupee: The Indian Rupee's decline against the US Dollar > increases the cost of importing crude oil, negating gains from lower > international prices. > > OMC Profit Recovery: Oil Marketing Companies (OMCs) sometimes use periods > of lower international prices to recover previous losses or boost profits, > rather than passing on the full reduction to consumers. > > Fuel Outside GST: Petrol and diesel are not covered under the Goods and > Services Tax (GST), allowing for high, non-uniform taxes across different > states. > > Although fuel prices are technically market-determined, they are > effectively managed by taxes and OMCs to maintain a stable, high revenue > stream. > > This development has a strongly positive impact on the Indian economy > by reducing inflationary pressures, improving the trade balance through a > lower import bill, and boosting corporate profits in the energy sector. > Consumers may eventually benefit from lower fuel prices, though this is > subject to government policy and election cycles. The government could also > see increased revenue if excise duties are maintained. > > Petroleum consumption in India has generally increased, rising from > 166 million metric tonnes (MMT) in 2014-15 to 234 MMT in 2023-24 (P), > showing a steady, long-term growth trend, except for a, sharp dip during > the COVID-19 pandemic. In FY2024-25, demand continues to grow, with total > petroleum product consumption expected to reach 250.3 MMT. > > Key details regarding India's petroleum consumption include: > > Growth Trend: Consumption has seen a Compound Annual Growth Rate (CAGR) of > 3.93% over the last 10 years. > > Key Drivers: High Speed Diesel (HSD) constitutes the largest share > (approx. 38%–45%), followed by Petrol (16%) and LPG (13%). > > Recent Data: In September 2025, consumption rose by 3.9% year-on-year to > 18.63 MMT. > > Sector Performance: Diesel demand grew by 3%–4.34% and petrol demand grew > by 6.9%–8% in recent reports, driven by industrial and economic activity. > > Exceptions: While overall consumption is rising, certain periods or > specific products like ATF (Aviation Turbine Fuel) have experienced minor, > temporary declines. > > Despite efforts to promote electric vehicles and renewable energy, India > remains the world's third-largest oil importer, and its demand for > petroleum products is projected to maintain an upward trajectory due to > economic growth. > > IT MAY APPEAR A STRANE ECONOMICS BUT REVENUE YIELD BY PERFORCE ALL > CONSUMERS PAY BUT DO JOT PAY TAXES. THUS, IT IS NECESSAY DEVIL. Delhi smoke > is created by people. > > K RAJARAM IRS 4126 > > On Sun, 4 Jan 2026 at 06:29, Dr Sundar <[email protected]> wrote: > >> >> Respected Sirs , >> Please see the graph. >> Over the last two years , it is confirmed that global crude oil prices >> have declined by nearly 50%, falling from around USD 120 per barrel in 2022 >> to nearly USD 60 today. >> Have consumers in india seen even a ₹1 reduction at the fuel pump? The >> answer is clearly No. >> Instead, both the Centre and the States have quietly increased taxes, >> continued to extract high fuel prices, and diverted the additional revenues >> towards freebies, vote-bank schemes, and political advantages to stay in >> power. >> When global crude prices fall, fuel prices in India remain unchanges but . >> when crude prices rise, fuel prices are increased immediately overnight >> in the name of “global markets" >> Is this pattern any to do with robust economics >> but much to do with burdening ordinary citizens to bolster government >> revenues that too to the power lingering . >> For a country where fuel costs directly affect the price of food, >> transport, healthcare, and daily essentials, this approach raises serious >> concerns of fairness and accountability. >> It is deeply unfortunate that citizens are left to bear this imbalance >> without transparency or relief. >> >> Oh Bhagavan,! >> <IMG_20260104_061151.jpg> >> >> >> Save Indians living in india >> >> >> *"KNOW THYSELF .* >> *SELF KNOWLEDGE IS REAL KNOWLEDGE.* >> *ALL OTHER KNOWLEDGE IS IGNORANCE AND THEY ARE NO KNOWLEDGE " * >> *~~~ Bhagavan Ramana* >> >> >> -- >> You received this message because you are subscribed to the Google Groups >> "societyforservingseniors" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> To view this discussion, visit >> https://groups.google.com/d/msgid/society4servingseniors/CAF%3D8Bw2Ci7wO5Tasxv_zd-aHAvgp%3DqOYF_t7oXyPnAm9SLXHyw%40mail.gmail.com >> <https://groups.google.com/d/msgid/society4servingseniors/CAF%3D8Bw2Ci7wO5Tasxv_zd-aHAvgp%3DqOYF_t7oXyPnAm9SLXHyw%40mail.gmail.com?utm_medium=email&utm_source=footer> >> . >> > -- You received this message because you are subscribed to the Google Groups "Thatha_Patty" group. 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