Originally posted by gopal
Originally posted by Vivek Sukhani
bhai log,
aap log mereko hamesha ONGC se kyon darrate rehte hain. Yadi mai baap oil bond nahi denge to kharcha to ONGC, GAIL aur Oil India ko hi bharna padega naa.
Aage aage dekhein kya hota hai.
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bhai, main aapko kiyo darauga ....... you put a point that on the basis of budgetry support ONGC is able to take on competitors ...... i simply put forward my point that soon budgetry support might no more be possible ..
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Bhai mere, ONGC ko koi budgetary support nahi chahiye...ONGC indirectly supports the budget by providing discount which would otherwise have to be compensated by oil bonds.
Now if you were talking about downstream marketing companies like HP, BP and Indian, I think governemnet cannot let either of them die. If subsidies will not be there, then taxes can be imposed on poor people who pay taxes in the form of cess like we have education cess at the moment. excise duty may be cut, import duties may be cut, many other ways can be found out.....
In any case, it doesnt pay much to speculate on such speculative pieces of imagination/assumption/thinking.