Letter to BS: Govt should first simplify and reform the taxation of fuels

Solar energy provides such an alternative

With rising fuel prices, one wonders when alternative sources of energy can be made available to the common man. Fuel prices are high because of high taxation on petrol, diesel and other fuels in India. The government should first simplify and reform the taxation of fuels and then invest in developing alternative sources of energy as soon as possible. This is because high fuel prices affect every aspect of the Indian economy and thus the GDP. The most notable impact of high fuel prices is rising unemployment. India has to import more than 80 per cent of its fuels. Therefore,