Paramveer Singh
2.7K posts

Paramveer Singh retweetet
Paramveer Singh retweetet
Paramveer Singh retweetet

News organisations continue to spread the myth that India is buying crude at $145-150 per barrel.
This is a notional price based on an old measure.
The actual cost - based on real imports from Russia, pre-war contracts, - is closer to the $85-95/bl range, supplemented with spot purchases at $105-107/bl.
Why is this important?
Because each barrel carries ~159 litres of crude, which when refined increases in volume (processing gain) to ~170 litres of petrol, diesel, ATF, etc.
So, the average 'crude' cost of a litre of refined product is currently about ₹55/lt
Add to that refinery operating overheads of ₹3/lt, then the average product costs ₹58/lt to produce at current crude prices.
Add ₹6/lt as distribution, storage, and marketing overhead, you get an average production cost of ₹64/lt for petrol right now.
Till today oil companies were getting ₹54/lt. So, their real loss was not more than ₹10/lt.
This is exactly what the government has given back to them today.
The so-called 'loss' of ₹24/lt that you will read in the newspapers is pure poppycock.
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Paramveer Singh retweetet
Paramveer Singh retweetet

So what exactly was looted from India?
The Mughals didn't take the mountains. The British didn't cart away the rivers, the forests, the air, the lakes, the minerals. They couldn't. What they took was recoverable. What we've done to ourselves isn't.
In 75 years of self-rule, we have managed to hollow out something they never could. We were handed a country and we handed it back to smaller, pettier versions of the same masters. We called it democracy.
We called it progress.
Decade after a decade, the politician became the new zamindar. The loot just changed its paperwork. Elections became the conduit.
But the last decade. The unhinged last decade. That's when something else started rotting. Not just institutions or infrastructure or the economy. What started dying was something that others hold dearly.
Decency.
The basic willingness to see another person as a person.
Hate turned into policy. Policy turned into pride. And a man who burned his neighbour's house started calling himself a patriot.
A society that feels like an echo chamber built on a hollow. Every surface is noise. Nationalism without nation-building. Sentiment without sense. Propaganda wearing the facade of progress.
The tragedy isn't just what was stolen. It's what we surrendered. Willingly. Enthusiastically.
We didn't regress because someone forced us to. We regressed because we agreed to.
And here we are. Standing exposed and bare, looted by our own.
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@DarpanDholakia @piyush_trades Lol, you guys are the first to cry for reservations, subsidies, and stand in free ration queues and now you’re crying for free petrol too! 🤣🤣
The Congress government left ₹3.5 lakh crore in oil bonds who’s going to pay that, your father?
Spotted a Rahu-L - L- bhakt 🤣🤣
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Excise duty on petrol has been cut by ₹10, and the excise duty on diesel has been completely abolished to ₹0.
This is only going to benefit oil companies, not the common man. Meanwhile, it’ll hurt the country’s wealth by ₹1.5 lakh crores / year.
When India was importing cheap Russian oil, these companies were allowed to earn hefty profits and also export the same oil for profit.
Now that india is importing costly oil, the government is cutting taxes so that these companies don’t suffer any kind of decline in profit margin.
Why can’t the govt ask these oil companies to reduce their profit margin for some time, considering they made hefty profits in the past?
Why should only the common man suffer all the time? Why should only the wealth of our country suffer? It’s time these wealthy companies bear the burden.
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Paramveer Singh retweetet

Who bought cheap Russian oil at $60?
— Ambani
How much extra profit Ambani made?
— Over 50,000 Cr ($6 Billion)
What did middle-class get?
— E20 petrol at ₹100
Who will fund Ambani now for not making enough profit when oil is $110?
— Indian Taxpayers’ 😭
Who should we thank?
— Modi Ji 🙏
Reduced mileage, damaged cars and soon expensive petrol 🫡🔥
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Paramveer Singh retweetet

Yeah dhurandar yeah dhurander 2, we are world leaders 🤦🏼♂️ cricket and cinema is all they need😶
Reshma Alam@reshma_alam7
If Patriotism for you means only watching Cricket and Bollywood but never raising voice for clean water, clean air, good hospitals, or decent roads. You’re cooked !
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Paramveer Singh retweetet
Paramveer Singh retweetet

@PulakPrakriti @UmdarTamker Will never buy an Android phone
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Paramveer Singh retweetet
Paramveer Singh retweetet
Paramveer Singh retweetet











