Marriage Registration Procedures- How not to get cheated

This post might serve as ready reckon-er or checklist for couples wanting to get their marriage register in Sub-register office. I will list of some of the points:

1. Which sub-register office should I go to?
• You will have to go to a sub-register office in the location. where you presently are residing or where your marriage was held.
2. Do not fill the online application that you find on web. Some offices, atleast the ones that I visited insisted that the application found on web is just a format and you need to take the application from the office and fill it.
3. After filling application please go to the registration desk and submit to the person who is sitting and working. Trap Alert: Do not entertain people who are standing and trying to help. They are probably the attenders of the office, who make your life miserable by trying to do everything for you and then in the end charge a hefty fee. Marriage registration is the simplest procedure, you do not need any help, so do not entertain people offering help to you.
4. Proofs needed:
• Address Proofs of the bride and the groom
• Age proofs of the both
• Present residing address proof
• Address Proof:
• Ration Card, Aadhar Card, Voted ID Card, BSNL telephone bill, LPG Gas bill - latest month, driving license.
• Chances of you getting cheated are more if you are not carrying any of these valid proofs. If they say one of the document is not acceptable, show them the board(in the office) where all these are listed. Also tell that you can get other document if needed, do not show your helplessness for not carrying any of these.
5. 2B size photos of the bride and the groom together:
• 5 photos of the 2B format is needed, bride and the groom together.(White/Blue background)
• Trap Alert: Sometimes they say marriage costume(traditional costume of Hindu wedding) ,might not be acceptable in Visa office, so better get a photograph in the studio next door. Watch out for this trap. Though I am not very sure about the requirement for Visa. I guess there might be an arrangement between the studio and the workers at the office who send you to get photos again.
• You need atleast 1 joint photo of bride and the groom of the wedding day (either reception or with the traditional wear). Photo size is normal photo.
6. Witnesses:
• You need to enter details about 3 witnesses and get their signatures with date. So if you are taking the application to the witnesses, enquire their ages and fill it up.
7. After they have typed all the details, read it carefully and ensure there are no typing errors in name and address.
8. Trap Alert: Application, fees including everything the cost will not be more than 115-120 rupees, but the attenders may ask insane amounts like 600 . Especially people who do not know the local language be extra careful. 
9. Carrying all the valid documents will help you be on a strong foot and not compromise with the attenders and clerks in the office. 

Please feel free to comment if I have missed any other important information. Hope this helps. Wish you all a very Happy New Year 2014.

Advertising Bloopers

A product development is such a meticulous process involving lots of hardwork spread over several years in 'n' number of phases. We can imagine the efforts gone in from the design phase, fierce debates about the features, pricing, target customer etc. Then the important phase of product development, followed by the testing, packaging. After all these phases in the all important final lap when you are showcasing your product to the end user, to whom you are making the pitch about the product, how anyone stumble so cheaply. I am serious puzzled, how can anyone form such pathetic advertising campaigns. If you are wondering what am I talking about. Here it is -

1. Recently I have been hearing Blackberry Z10 advertisements on Radio. For a smartphone which costs approx 30,000 Rupees, you cannot joke about the product. Yes, seriously.. I feel it is a joke. You know what the ad content says - New Blackberry Z10 with fastest browser and unique keypad.!! Come on, anyone buying a 30K phone wouldn't buy it for a fast keypad. Get over your dream guys. Please do not undermine the hardwork put up by so many people in your company with such pathetic ad campaigns. I do not have the clipping, will soon try to record it and post here.

2. One another horrible ad in recent times. Akshay Kumar's Micromax Bolt advertisement featuring a character named Usian Bolt. No I cannot explain more. Please have a look yourselves.

What do I have to say about this!? No this is not funny, it seriously irritates me.

Just a small article on my frustrations about recent Advertising Bloopers. Will keep posting more to this post.

Dangerous Dengue

courtesy: Google.org - Google dengue trends

We Indian's lack cleanliness sense totally, and see the effects of this now. AIIMS director is among one of the Dengue affected patients. Such a pathetic state to be in, isn't it?

The municipal authorities are equally responsible if not less for this mess, if you see the google trends about Dengue , you can see that this disease is spread pan India equally. Recently a high profile Director/Producer Yash Chopra lost his life because of Dengue. Sad , RIP Yash ji. What made me outrageous was one of my kiddo cousin was also affected in school, Thank God , now she is fine and back to her full energy.

What makes Dengue more dangerous is that, it is caused by Virus and as we know, there is no medication for Virus induced diseases , because there will new a strain of virus each day or maybe lesser interval.It is also a very costly disease to acquire, as the patient will need many bottles of platelets.

I just hope that the cases of Dengue decrease in coming days and people are spared from this deadly disease. Not relying completely on the municipal authorities (which is a costly affair), we can do our bit, by maintaining cleanliness around our houses, not letting mosquito larvae to breed. Use mosquito repellents and my favorite (use mosquito nets at night) ;-)


Apologies for such a depressing post on a festival day. Anyways Happy festival, eat well :).
Stay safe. Take care.

Global meltdown

ನನ್ನ ಈ ಬ್ಲಾಗ್ ನ ಕನ್ನಡದಲ್ಲಿ ಬರಿಯಣ ಅಂತ ಅಂದುಕೊಂಡಿದಿನಿ. ಕನ್ನಡದಲ್ಲಿ ಬರಿಯುವುದಕ್ಕೆ ಒಂದು ಮುಖ್ಯವಾದ ಕಾರಣ ಏನಪ್ಪಾ ಅಂಧ್ರೆ, ಯಾಕೋ ಇತ್ತೀಚೆಗೆ ನನಿಗೆ ತುಂಬಾ ಕನ್ನಡ ಪದಗಳು ಗೊತ್ತಿಲ್ಲವೇನೋ ಅಥವಾ ಕನ್ನಡ ಪದಗಳು ಮರೆತು ಹೋಗಿದಿಯೇನೋ ಅಂತ ಅನಿಸುತ್ತಾ ಇದೆ. ಪ್ರಾಯಶಃ ತುಂಬಾ ಇಂಗ್ಲಿಷ್ ಪತ್ರಿಕೆಗಳನ್ನು ಓದುವುದಕ್ಕೋ ಏನೋ. ಆ ಕಾರಣ ಈ ನನ್ನ ಪ್ರಯತ್ನ.

ಸರಿ ಕುಯ್ಯ್ದಿದ್ಧು ಸಾಕು, ಈ ಬ್ಲಾಗ್ ನಲ್ಲಿ ಅಲ್ಪ ಸ್ವಲ್ಪ ಆರ್ಥಿಕ ವಿಷಯದ ಬಗ್ಗೆ ಬರಿಯಲು ಪ್ರಯತ್ನಿಸುತ್ತೇನೆ. ನಾನೇನು ಅರ್ಥಶಾಸ್ತ್ರದಲ್ಲಿ ಪರಿಣತಿ ಪಡೆದಿಲ್ಲ, ಆದ್ದರಿಂದ ಈ ಲೇಖನವು ಒಬ್ಬ ಅಮೆತ್ಯೂರ್ ಅರ್ಥಶಾಸ್ತ್ರಜ್ಞ ಬರೆದಿರುವುದೆಂದು ಗಣಿಸಿ.

ನನಗೆ ಇತ್ತೀಚಿನ ದಿನಗಳಲ್ಲಿ ಗ್ಲೋಬಲ್ ಮೇಲ್ಟ್ಡೌನ್ ಎಂಬ ಪದ ಕೇಳಿ ಕೇಳಿ ಸಾಕಾಗಿದೆ. ಒಳ್ಳೆ ಹುಳು ತರ ಒಂದು ವಿಷ್ಯ ಕಾಡ್ತಾ ಇದೆ, ಅದೇನಪ್ಪ ಅಂದ್ರೆ, ಈ ಪಾಶ್ಯಾಥ್ಯ ದೇಶಗಳು ಅಷ್ಟೊಂದು ಮುಂದುವರೆದಿದ್ದರು ಯಾಕೆ ಪದೇ ಪದೇ ಈ ತರ ಹಣಕಾಸಿನ ಸಮಸ್ಯೆ ತಲೆದೋರುತ್ತಿದೆ. ಅಷ್ಟೊಂದು ಶ್ರೀಮಂತ ರಾಷ್ಟ್ರಗಳು ಯಾಕೆ ಈತರಹ ಸಂಕಷ್ಟದ ಪರಿಸ್ತಿತಿಯಲ್ಲಿ ಸಿಲುಕುತ್ತಿದ್ದಾರೆ. ಎಲ್ಲೆಲ್ಲಿ ನೋದ್ದಿದ್ರು "Growth Markets" ರಾರಾಜಿಸುತ್ತಿದೆ . ಇದರಿಂದ ಚೀನಾ ಇಂಡಿಯಾ ಬ್ರಜಿಲ್ ಗೆ ಎಲ್ಲಿಲ್ಲದ ಬೇಡಿಕೆ ಬಂದಂತಾಗಿದೆ. ಇನ್ನ ಮುಂದೆ ಬೆಳವಣಿಗೆ ಏನೇ ಇದ್ರೂ ಇಂಡಿಯಾ ಚೀನಾ ದಲ್ಲಿ ಮಾತ್ರ ಎಂದೆಲ್ಲಾ ತಿಳಿದವರು ಹೇಳುತ್ತಿರುತ್ತಾರೆ. ನೀವು ಈ ವಾಕ್ಯಗಳನ್ನು ನಿಮ್ಮ ನಿಮ್ಮ ಕಂಪೆನಿಗಳಲ್ಲಿ ಕೇಳ್ತಾನೆ ಇರಬಹದು. ಈ ವಾಕ್ಯದ ಅರ್ಥ ಆ ದೇಶಗಳಲ್ಲಿ ಬೆಳವಣಿಗೆ ಅಷ್ಟು ವೇಗದಲ್ಲಿ ನಡಿತಿಲ್ಲವೇನೋ .

ಬೆಳವಣಿಗೆಗೆ ಮುಖ್ಯವಾದ ಅಂಶ ಅಂದ್ರೆ ಕೈಗಾರಿಕೊದ್ಯಮೆ ವೇಗವಾಗಿ ಬೆಳಿಯಬೇಕು. ಫ್ಯಾಕ್ಟರಿಗಳು ಬೆಳಿಯಬೇಕು ಅಂದ್ರೆ ಅವುಗಳು ತಯಾರಿಸುವ ಪದಾರ್ಥಗಳನ್ನು ಯತ್ಥೆಚ್ಚವಾಗಿ ಕೊಂದುಕೊಳ್ಳುವರು ಇರಬೇಕು. ಜನರು ತಮ್ಮ ಹತ್ತಿರ ಇಲ್ಲದಿರುವ ಪದಾರ್ಥಗಳನ್ನು ಕೊಳ್ಳುತ್ತಾರೆ. ಉದಾಹರಣೆಗೆ ಟಿವಿ, ಫ್ರಿಡ್ಜು , ವಾಶಿಂಗ್ ಮಷಿನು ಇತ್ಯಾದಿ. ಈ ಪದಾರ್ಥಗಳು ಕೇವಲ ಉದಾಹರಣೆ, ಈ ವಸ್ತುಗಳ ಬದಲಾಗಿ ಯಾವುದೇ ಮಾರಾಟವಾಗುವ ವಸ್ತುಗಳನ್ನ ಊಹಿಸಬಹುದು. ನಮಗೆಲ್ಲ ತಿಳಿದಿರೋ ಹಾಗೆ ಈ ದೇಶಗಳು ಪ್ರಗತಿಹೊಂದಿದ ದೇಶಗಳು. ಎಲ್ಲರೂ ಪ್ರಾಯಶಃ ಶ್ರೀಮಂತರೇ , ಅವೆರೆಲ್ಲರ ಹತ್ತಿರ ಆಗಲೇ ಈ ಎಲ್ಲ ಅಗತ್ಯ ವಸ್ತುಗಳು ಇವೆ. ಆದುದರಿಂದ ಕೈಗಾರಿಕೋದ್ಯಮ ತಯಾರಿಸುವ ಪದಾರ್ಥಗಳನ್ನು ಕೊಳ್ಳುವವರಿಲ್ಲದೆ ಅಷ್ಟೊಂದು ಬೇಡಿಕೆ ಇಲ್ಲವೇನೋ. ಮುಂಚೆ ಹೇಳಿರುವ ಪದಾರ್ಥಗಳು ಉದಾಹರಣೆಗೆ ಮಾತ್ರ. ಹಾಗಾಗಿ ಅಲ್ಲಿನ ಕೈಗಾರಿಕೆಗಳ ಬೆಳವಣಿಗೆ ಕುಂದಿರಬಹುದು.

ಅದೇನೋ ಸರಿ ಆ ದೇಶಗಳ ಆರ್ಥಿಕ ಬೆಳವಣಿಗೆ ಮಂದಗತಿಯಲ್ಲಿ ಆಗ್ತಾ ಇರಬಹುದು , ಆದರೆ ಈ ಚೀನಾ ಭಾರತ ದೇಶಗಳಿಗೆ ಯಾಕೆ ಎಲ್ಲಿಲ್ಲದ ಮಹತ್ವ? ಒಂದು ಪ್ರಮುಖವಾದ ವಿಷ್ಯ ಅಂದ್ರೆ ಈ ದೇಶಗಳ ಜನಸಂಖ್ಯೆ ಅತಿ ಹೆಚ್ಚು. ಆಯಿತು ಒಪ್ಕೊಂತಿನಿ, ಆದ್ರೆ ಬೇರೆ ಏನೋ ವಿಷಯ ಇರ್ಬೇಕು ಅನ್ನಿಸ್ತಾ ಇದೆ. ನನಿಗೆ ಅನ್ಸತ್ತೆ ಈ ದೇಶಗಳ ಜನರು ಇವಾಗ ನಿಧಾನ ಗತಿಯಲ್ಲಿ ಶ್ರೀಮಂತರಾಗ್ತೈದಾರೆ . ಅದಕ್ಕೆ ಇವಾಗ ತಮಗೆ ಅಗತ್ಯವಾದ ವಸ್ತುಗಳನ್ನ ಕೊಂಡುಕೊಳ್ತಾ ಇದಾರೆ. ಹಾಗಾಗಿ ಇಲ್ಲಿ ಕೈಗಾರಿಕಾ ವಸ್ತುಗಳಿಗೆ ಬೇಡಿಕೆ ಜಾಸ್ತಿ, ಪರಿಣಾಮವಾಗಿ ಉದ್ಯಮ ಬೆಳೆಯಕ್ಕೆ ಅವಕಾಶ ಚೆನ್ನಾಗಿದೆ. ಹಾಗಾಗಿ ಇಲ್ಲಿ ಹಣ ಕೈ ಬದಲಿಸುತ್ತಿರುತ್ತದೆ , ಎಲ್ಲರಿಗೂ ಹಣಗಳಿಸಲು ಅವಕಾಶವಿದೆ. ಈ ಕಾರಣ "Growth Markets" ರಾಷ್ಟ್ರಗಳು "happening" ಅನಿಸಿಕೊಳ್ಳುತ್ತಿವೆ. ಮುಂದಿನ ಹಲವಾರು ವರ್ಷಗಳಲ್ಲಿ ಈ ರಾಷ್ಟ್ರಗಳು ಸಹ ಪಾಶ್ಚಾತ್ಯ ದೇಶಗಳ ಹಾದಿಯನ್ನೆ ಹಿಡಿಯಬಹುದು. ಇದನ್ನು ಯಾರೂ ಅರಿಯರು.

ಹಾಗಾದರೆ ಇದಕ್ಕೆ ಪರಿಹಾರವಿಲ್ಲವೆ? ಯಾರೂ ಸಹ ಪರಿಪಕ್ವವಾದ ಪರಿಹಾರ ಹೇಳಲಾರರು , ಆದರೆ ಒಂದು ದೇಶ ಸತತವಾಗಿ ಹೊಸ ಆವ್ರಿಷ್ಕಾರ (innovation) ಗೆ ಒತ್ತು ಕೊಟ್ಟರೆ , ಅದರಿಂದ ಮಾರುಕಟ್ಟೆಗೆ ಹೊಸ ಪದಾರ್ಥಗಳು ಹೊಸ ಸೇವೆಗಳು ಲಭ್ಯವಾಗುತ್ತದೆ . ಜನರು ಆ ವಸ್ತುಗಳನ್ನು ಕೊಳ್ಳುತ್ತಾರೆ , ಇದರಿಂದ ಕೈಗಾರಿಕೆಗಳಿಗೆ ಅವಕಾಶ ಸಿಗುತ್ತದೆ , ಮೇಲೆ ಹೇಳಿದಂತೆ ಹಣ ಕೈ ಬದಲಿಸುತ್ತದೆ , ಹಣ ಚಲಾವಣೆಯಿಂದ ಆರ್ಥಿಕ ವ್ಯವಸ್ಥೆ ಸುಧಾರಿಸುತ್ತದೆ , ಸ್ಥೈರ್ಯಗೊಳ್ಳುತ್ತದೆ. ಇದರ ಜೊತೆ ಇನ್ನೊಂದು ಪರಿಹಾರವೆಂದರೆ, ರಾಷ್ಟ್ರಗಳು ತಮ್ಮ ವ್ಯಾಪಾರಗಳನ್ನು ಬಡ ರಾಷ್ಟ್ರಗಳು , ಅಭಿವ್ರಿದ್ಧಿಹೊಂದುತ್ತಿರುವ ದೇಶಗಳೊಡನೆ ಬೆಳೆಸುವುದರಿಂದ ಎಲ್ಲರಿಗೂ ಅನುಕೂಲವಾಗುತ್ತದೆ.

ಈ ಲೇಖನದ ಸಹಾಯದಿಂದ ನಾನು ಕನ್ನಡದಲ್ಲಿ ಬರಿಯುವ ಸಣ್ಣ ಪ್ರಯತ್ನ ಮಾಡಿರುವೆ ಅಷ್ಟೇ. ತಪ್ಪಿದ್ದರೆ ನನ್ನನ್ನು ತಿದ್ದಿ :). ಇದನ್ನು ಕನ್ನಡ ರಾಜ್ಯೋತ್ಸವದ ದಿನದಂದು ಪ್ರಕಟಿಸುತ್ತಿರುವುದು ಕಾಕತಾಳಿಯವಷ್ಟೇ.

ಶುಭಮಸ್ತು . ಸಿರಿಗನ್ನಡಂ ಗೆಲ್ಗೆ ಸಿರಿಗನ್ನಡಂ ಬಾಳ್ಗೆ. ಜೈ ಕರ್ನಾಟಕ ಮಾತೆ :)

An Open letter to Djokovic

Hi Djokovic,

I am not a tennis coach , not even a player but an avid fan. I have some objections/observations from your French Open semi-final match against Federer.

1) Dude be little serious, this is semi-final. It needs a lot of concentration. Dont divert yourself by talking to your coaches, family members

2) I admire your forehand and other excellent set of shots you have in your armory, but bloke it is for the fans to admire your shots. After your excellent forehand or in general any shot, stop admiring it yourself, concentrate on how it will be returned. At this level and playing against world class players like Fed and Nadal, you can always expect that those shots will be returned. So dont be over-confident and await the return until you win the point.

3) Dont leave everything to the end of the set. Earlier in the set, say in the 1st,2nd or 3rd games, the opponent will still not be too concentrated on winning the set, so dont let the points loose at that point and try to capitulate and get a break in the earlier games, dont leave it till the end.

4) And finally you cant trust tie-breakers. It can go either ways.

Japan's Nuclear reactor woes

Hi

We all know that nuclear reactors in Japan have been declared as nuclear emergency. This article will give a small account on how the situation went out of hand, although ample safety measures would have been taken at a nuclear reactor.

Safely shutting down a nuclear power plant is not simple. Stopping the chain reaction that keeps fission going, thereby producing vast amounts of energy, is just the first step. But even after that is achieved, the core of a nuclear reactor is still very hot. In addition, radioactive processes continue in the nuclear fuel, which too produce heat. The plant at Fukushima Daiichi relied on pumps powered by electricity to keep cooling water circulating. Friday's quake and tsunami knocked out electric supply from the grid. Standby generators kept at the plant for such contingencies could not be used because of the flooding and damage caused by the tsunami. Batteries, which were intended only to keep the cooling going until the generators came on, were soon depleted. The lack of cooling led to what Japanese officials say is only a partial meltdown of the nuclear cores in two reactors.

Courtesy The Hindu.

Hope they soon will be able to deal with the issue and bring down the nuclear reactor to safe levels.

What is Petrol De-regulation!!?? Never heard this word before

EGoM decided to free petroleum prices from government control.

Announcement

EGoM decided to free petroleum prices from government control, meaning gasoline and diesel prices will move in response to global fuel prices rather than government fiat. The panel didn't reveal any details about how this will work. However, the panel hasn't freed some fuels like subsidies for cooking gas and cheaper kerosene, vital to low-income households.

The government's decision to hike fuel prices follows a recommendation to that effect by the Kirit Parekh committee appointed by the government earlier this year. The committee had recommended linking the prices of petrol and diesel to market rates.

Impact on Economy

Diesel and petrol consumption has been growing at 10-15% per year even during the global economic turmoil. Around 92% of the market is with state-owned companies, which are bedevilled with issues such as corruption, bloated infrastructure and adulteration of their products by their agents.

To describe the government's decision to deregulate petroleum and diesel as an act of raising prices is to get it completely wrong. It is one of the most major reforms of recent times and should have beneficial effects on the entire economy. What is being done is to put both diesel andpetrol prices on a float. Prices will rise and fall in step with the international prices. For diesel, there will still be a per-litre subsidy from the government, to keep the domestic retail price below market level. But what is important is that it will no longer be a fixed price.

The fiscal deficit definitely is going to look down now from the current levels. At $75 per barrel kind of a crude oil price at which government would have ended spending full year about 75,000 crores just to fill this particular deficit part for the under recoveries. Now, in a given situation it will be down anywhere between 53000 crores to 47,000 crores that means what we are talking off is close to about 25,000 crores worth of saving in the fiscal deficit situation and the most important part is that going forward in subsequent years now onwards this worry would be kept aside because these prices are driven by the market factor and if it is going to be linked to the market that means government will not had to bear that particular cost.

The petrol price hike will cause an increase of 100bps in the monthly WPI inflation. But since these changes will cause the fiscal and revenue deficits to decline, they will exert a downward pressure on prices. Hence, though the immediate impact of this policy will be to increase inflation, in six to nine months will have lower prices than what would have happened in the absence of this much-needed reform.

Kerosene and LPG would continue to drag government into this particular game to a certain extent but by going forward it will also find its way into partial deregulation. So from a view point government has gathered the courage to bring down the fiscal deficit, it would get a thumbs up in form of winning the confidenceof the investors including global investors.

Impact on Industry

Market determined pricing is expected to attract higher investments in the fuel retail sector, and by spurring market competition, encourage OMCs to reduce costs, improve efficiency and service standards. Market determined pricing will also incentivise fuel conservation and encourage the consumer to adopt fuel efficiency practices.

The move would save around Rs 6,500 crore on petrol under-recoveries for government and around Rs 15,000 crore on diesel under-recoveries. Once the diesel is fully deregulated, it will further lead to a Rs 9,000 crore saving

Till last year, 31% of the under-recoveries were borne by the upstream companies, about 12% by the downstream companies and the rest by the government. Extrapolating the numbers based on last year's formula, upstream companies like ONGC, GAIL and Oil India would save Rs 4,000 crore, Rs 600 crore and Rs 700 crore, respectively, leading to a 10-13% increase in earnings per share. Similarly, among OMCs, BPCL, HPCL and IOC would see 23%, 15% and 7% addition to their bottomline.

Total under-recoveries in the system will come down substantially. Though the earnings would significantly improve for all the oil companies

, the exact extent would depend on the final subsidy sharing formula, which the government has not come out with till now.

Impact on Private Players

Deregulation of petrol prices has cleared the way for private fuel retailers to reopen petrol pumps that had become unviable owing to government cap on prices and could eventually lead to a price war between them and the state-run oil marketing firms.

The Centre provided subsidy to its own companies, no such comfort was available for private firms. While Essar has continued to operate its 1,342 outlets throught the control era, Reliance Industries and Shell had shut down most of theirpetrol pumps some years back when they could not compete against the government-capped price being offered by the public sector firms.

In a decontrolled environment, private retailers may be able to offer cheaper rates since they do not have historical baggage of location or manpower and enjoy the advantages of new technology, more efficient operation and competitive sourcing of crude. They are able to keep their crude costs down through hedging and high-sea trading, which state-run entities are not allowed. The private refineries also have the latest technology that allows them to extract more high-value products from inferior crude varieties that come cheaper and maximise returns on refining.

The move has opened up one of the world's fastest growing hydrocarbon markets to private sector players like Reliance Industries, Essar Oil and Shell, three years after they were virtually forced outof the market. These private players, who entered the Indian retail market in 2003 when the government scrapped the controlled prices policy the first time, had been forced to shut down most of their outlets three years ago due to spiralling prices of crude oil.

The price of crude oil, which was around $25 per barrel when the administered pricing formula was abandoned in 2002-03, reached levels of up to $147 by early 2008, forcingthe government to bring back price controls on petrol and diesel and pushing private players out of business.

Most importantly Impact on End Users

This move will benefit the consumer in the long run through competitive pricing of fuel and an offering of better services across outlets. The move will also rationalise the way end user spend money, the kinds and amount of energy end user use. It is an important step in making India a more efficient, global player.