Its really shocking that the government is slashing ATF used in Aviation industry (read flights) by 9.5 percent but on the other hand the price of fuel used by common man diesel and petrol is reduced by Rs. 3.6 and 2.43 respectively. Even the price of non subsidized cylinder of LPG is reduced by Rs. 23.5 (less than 5 percent) . Its quite ironical that the rich mans fuel is getting the maximum reduction in price but the petrol which is used by lower middle class people in their bikes is still costly. Even the price cut in diesel is not at par with the price cut of ATF.
However, considering the fact that in last 18 months there has been decline of over 35 to 40 percent in the average crude price there should have been significant reduction in the price of petrol, diesel, ATF or any other fuel which is related to crude but the government has avoided any type of significant reduction in price by adding surcharge and taxes on the products derived from crude. People may not like the decision of the government which has increased the excise tax and different types of cess on petroleum products but the government has continuously made a point that this money would be used for compensating the fiscal deficit and financing the social welfare schemes.