World Crude Oil -Goes Down , Petrol / Diesel Prices in India Go Up

Why do not Indian Neta s reduce

1 ) Cost of Governance ( Reduce Bureaucracy ) These days even one IAS officers costs crores of Tax Payers ' money. Reduce number of IAS etc officers.


2 ) Reduce MLA s / MP s perks / salaries / subsidies. Nearly free Mess / Canteen . MLA 's income tax paid from Public Funds.

Why the benefit of lower Crude Oil prices not passed onto Petrol / Diesel Consumers.

Give Petrol to Physically Handicapped Indians @ cost price i.e. Rs. 15 per Litre.

http://www.ibnlive.com/news/india/delhi-punjab-and-haryana-hike-vat-even-as-fuel-prices-slashed-nationwide-1021143.html

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Crude Oil

 Every  Barrel = 159 liters  of Crude oil produces the following:

* 73 liters Petrol 

* 36 liters Diesel 

* 20 liters Jet fuel & heavy fuel oil 

* 6 liters Propene 
&
* 34 liters of other products (Butane, Asphalt & Sulphur)

                          SO

1 Barrel of Crude Oil is presently costing in India Rs. 3200

1 Barrel ( 159 liters ) produces

73 litres of Petrol ( retail cost in Punjab Rs 72/ litre ) = Rs.5256

36 litres of Diesel ( retail cost Rs. 50 / litre = Rs. 1800

+

20 liters Jet fuel & heavy fuel oil

* 6 liters Propene

AND

* 34 liters of other products (Butane, Asphalt & Sulphur)

So for every Rs. 3200 crude oil , Govt. sells petroleum products for around Rs. 12,000.

Does the Govt. need any other Tax ?