From 2014 to now, the excise part on petrol has gone up from Rs9 to Rs 33
With all this excess revenue generation, one would have assumed govt will pay off earlier Oil Bonds, pay for infrastructure without taking new loans etc. However it's reverse case. Loans on all govt companies are going up (Food Corporation, NHA, to name few), listed companies are being robbed off with higher dividend payouts.... Debt on country has doubled in last few years... One wonders where all money is going...
Minister Gadkari is having daily live conference with various sector representatives... Right now he is talking with Fragrance and Flavors association...
Only minister I could see working and talking and taking actions for needs of business people.