There are genuine and understandable reasons behind the increase in oil prices (?Govt bites the bullet, hikes fuel prices?, Feb 15).The hike will fetch Indian public sector oil companies?in a severe financial crunch?a total of Rs 540 crore a month. Moreover, the people are intelligent enough to know about the pulse of the market. They are accustomed to the ups and downs in the domestic stockmarket and global economy.
?P Senthil Saravana Durai, Hyderabad
Another aphorism
The Prime Minister recently gave us another beautiful aphorism: ?Our economy would be on a surer ground for sustained growth if we can get both politics and prices right? (?Competing on uneven fields?, Feb 16) . Prices are generally governed by market forces, exploiting consumers. It appears politics is also governed by its own ?market? forces, with buyers and sellers exploiting each other. I would add to the PM?s aphorism the following: ?What is the difference between the NDA and UPA governments? Under NDA rule, man exploited man; now it?s the other way around!?
?VS Venkatavaradan, Salem
Russian roulette
There is a deeper meaning to Russia?s travails over its WTO entry (?Chicken a la Kiev…?, Feb 15). Putin?s Russia has slouched towards controlled democracy while also showing eagerness to gain global respectability by remaining in bodies like the G-8.
?Ranjan Seth, Mumbai