Just today had gone for shopping to a nearby mall for some essentials. Some takeaways from there - https://i.postimg.cc/gc7k3xNv/reliance- ... -INR40.jpg
What you are seeing above is nothing but sugarcane packed in a plastic container that I got for INR 40/- Roughly 185gm.
RIL, the company is making roughly INR 2,10,000+ per tonne (rough calculation) .
How much is it giving to farmers. It has got all the supply from farmers on credit. The going rate for it is INR 2500/- per tonne which doesn't even cover the expenses of the farmers. I am sure many people on the forum would know that sugarcane is a heavy water crop. Even though drip-irrigation has been used in India, it is expensive (not many farmers can afford it.) and even those who have used it, find that the water requirements are 10 times and more to other crops.
And on top of that, GOI is planning to have more ethanol which will put more pressure on the farmer and the crop.
Also this - https://i.postimg.cc/3wjzJcbL/jump-in-c ... prices.jpg
The difference in prices in cooking oil within 2 months and there are quite a few I saw having the same difference https://i.postimg.cc/zXLMRBcH/bjp-leade ... petrol.jpg
One of the major reasons of the above runaway inflation has been that has been caused by almost 60% share of petrol, and they have been increasing the prices every day.
The above are quotes by some leaders of the BJP. Allow me to translate -
1. Hardeep singh suri - Petroleum Minister - Petrol is not high because we raised taxes, we only get INR 32/- per litre.
Patently false, they get 60% of the taxes on petrol.
Ironically, both Nepal and Bhutan who buy petrol from India sell petrol in their countries at around INR 50/- per litre and less. Those who live in border areas adjacent to, often go to those countries and get petrol filled to the brim and even bring it in a container or two.
2. Upandra Tiwari, Uttar.Pradesh - Sports Minister - 95% of people of India don't need petrol. Don't think I have to say anything about it except it false. Just the numbers of vehicles by SIAM is enough to counteract it (SIAM - Society of Indian Automobile Manufacturers)
3. Bhavesh kalita, BJP leader, Assam - When Petrol reaches INR 200/- Govt. will give decision so that 3 people can ride officially on a two-wheeler. Indian bikes are designed with 2 people in mind. The sad part is that the leader is openly saying that we will raise prices from now INR 120/- per litre to INR 200/- per litre and nobody objects.
And it isn't as if Govt. is giving it to people, it will gie that money only to its corporate friends, who in turn will donate it to them via electoral bonds.