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Adulteration of Petrol & Diesel Kerosene consumption is basically meant for families below poverty line. Therefore its considerably subsidised. However, miscreants take advantage of this price to mix it with petrol and diesel for easy money. This has not only created loss in revenue but also increased pollution. There is a need to find a workable solution for this problem. The solution I propose involves keeping prices of all these 3 products equal and compensating needy to the extent the Government desires. In order 2 implement this solution we need preparations. Firstly decide on who deserve concession. People below poverty line, public transport (road transport trucks/buses, taxis, auto-riksha, two wheelers) including railways and state owned road transport, Farmers for (tractors, oil engines) and there may be some more. Next decide on how to compensate. A survey should be undertaken for consumption of kerosene and diesel by various consumers who need subsidy. A survey should be conducted to decide on number of recipients and their consumption in one year. Based on this information, amount of subsidy should be decided. All products should be sold at one price. Those who deserve should be compensated based on subsidy rate and actual consumption or maximum fixed consumption whichever is lower. For compensation a procedure need to be fixed and followed. In my opinion it could be some thing like this. All beneficiaries of kerosene be asked to open their account in State Bank of India or any other convenient bank specified by the Government. All compensations shall be credited only to these accounts. Each of the accounts a maximum limit be specified. Beneficiary shall submit paid bills of kerosene they purchased during previous month. Approved percentage of compensation will be applied to actual purchase during previous month. The least of maximum limit and compensation calculated shall be credited to the account on a fixed date of the month say 25th of each month. Diesel may be compensated based on the gross income. A percentage of expenditure on diesel to the gross income may be fixed by the Government after sample studies. Percentage compensation to the amount worked out should be fixed by the Government. Amount worked out should be credited to the beneficiary within three months of last date of filing income tax return. If return is filed late then credit also be deposited late. A savings bank account of the beneficiary with approved bank should be used for this purpose. This way adulteration of Petrol & Diesel may be eliminated with least efforts. |
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