At last government has hiked the fuel prices by Tk 5 to Tk 8 per litre. The new rate will take effect from 12:00am Monday. As per government statement “to avoid huge budget deficit pressure due to subsidy and adjustment with neighboring country” are the main reasons behind this. Like good citizens we all shall obey this government order in spite of various problems imposed on our livings.
Now if we place anti logic before governments’ “budget deficit logic” we will see Government’s logic is not strong enough to justify their decision or order. Government said fuel price hiked to avoid huge deficit pressure due to subsidy for oil. As an obvious result of this decision hauling cost will be increased for each and every product. As a result, we will observe anarchy in our kitchen market and public transport sector. A monstrous amount of people will lose buying power and will stand in the queue of Open Market Sell (OMS) trucks. Since number of poor will increase and price level also rise at higher, government will have to increase number of OMS trucks and increase subsidy in food sector. Ultimately government will fail to come out of subsidy, to avoid budget deficit. But we the general people have to suffer, have to be poorer.
