An All-India bandh has been called to protest against the price-hike in fuels. Media agencies report that the 'bandh' has turned violent at many places and destruction of public property is rampant. How can any sane person justify the 'burning' of any thing to protest against fuel price hikes?
Consider this: the price has been hiked by 2 Rs. per liter. (AFAIK)
If you use even 1 liter to burn something, you are wasting 55 Rs. worth fuel (Ahmd rates) + the cost of the property being burnt. Even if it is a simple Maruti 800, the cost of the car is around 1 lakh. (depreciation and all)
So you have burnt stuff worth 100055, for which you can have compensated for the hike in about roughly 50,000 liters of fuel.
And that's just 1 car!!! Imagine the loss to the exchequer due to a halt in the economy alone. And add to it the cost of all the destruction to property...
The protest is costlier than the hike itself... How does one justify this?
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- A passion for excellence - Tom Peters et. al.
- Atlas Shrugged - Ayn Rand
- Blink - Malcolm Gladwell
- Blue Ocean Strategy - Kim and Mauborgne
- Competing for the Future - Hamel and Prahalad
- Every Business is a Growth Business - Ram Charan and Tichy
- Fountainhead - Ayn Rand
- Freakanomics - Levitt
- In search of excellence - Tom Peters et. al.
- It happened in India - Kishore Biyani
- Marketing Warfare - Ries and Trout
- Odyssey: Pepsi to Apple - John Sculley
- Ogilvy on Advertising
- Shantaram
- Snapshots from hell - Peter Robinson
- Strategy Safari - Mintzberg et al.
- Talking Straight - Lee Iacocca
- The Mahabharatha
- The Real Coke, The Real Story
- The Road Ahead - Bill Gates
- Thirukural
- Tipping Point - Malcolm Gladwell
- Who says elephants cant dance - Lou Gerstner
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