This presentation discusses the various reasons for high fuel prices and who is actually responsible - the Government or the People??

3. Fuelprice contributionin India
Paid to Refinery- 61%
Excise Duty - 20%
VAT - 17%
Dealer Contribution -
2%

4. Causes of fuelprice rise in India
MAIN
CAUSES
Economic
Reasons
Social
Reasons
Political
Reasons

5. Causes of fuel price risein India-Economic
Reasons
 Rapid growth of population
 Supply and demand imbalances
 Black marketing
 Taxation
 Deficit financing
 Increase in money supply

6. Causes of fuel price risein 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.

7. Causes of fuel price risein 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.

8. CURRENT EFFECT OFFUEL PRICE HIKE
 Frequent stock market crash
 High inflation rate
 Rise in the prices of daily use
products
 Instability in Indian economy

9. Future consequences

10. What we can do ?
 Start carpooling.
 Use public transport.
 Avoid using your car or motorbike for travelling
near by places.
 Switch to natural gas like CNG as fuel in cars.
 Buy those cars which gives good mileage.

11. What governmentcan do ?
 Charge more tax on private vehicles.
 Increase the number of public transport.
 Promote biodiesel.
 Introduce efficient technologies to extract
fuel from non renewable resources.

12. So the conclusion is…
that both government as well as we people as an
individual are equally responsible for high fuel
prices; and by equal contribution we can sustain
these fuels as well as our future generation.
Government
People

13. MADE BY :
SUNAYANA PATI
ECE-IV-B