Dear Students,
Many of you have submitted your essay copies but did not receive the review even after more than 10 days of submission. For that, we sincerely apologize you.
We have been stuck with an unfortunate event, as follows :-
- In the wake of number of rise of admission, we have hired few teachers for our essay review upon recommendations.
- However, when I personally checked their reviews, I was dismayed, the reviews were not up to the mark and very few teachers could cater to UPSC standards.
- This is when, we had to reassign and reevaluate the essays again. To give you some idea, we had to re-evaluate nearly 600 essays (Print and reprint totaling ~15000 pages). It was a gigantic task, however we are glad to say that the task is almost over now ( only 5 essays pending final review)
- To give you an understanding, here is how the program works:-
- Before assigning to certain teacher, I personally give them a broad frame-work and the necessary critical aspects required from that essay.
- And then when the teacher submits the essay, I check it myself before releasing it to the students.
- If the review is not up to the mark or not according our standards, then, I correct it myself or reassign it to other teachers.
We understand the implication of time for you and hence, I could assure you that the necessary steps have been taken (I personally hired few good teachers after checking their evaluation) and you will not have to encounter this issue in future as it has been sorted out now. This has been an eye opener and learning experience for us too.(The learning is that don’t trust on recommendations, evaluate yourself before hiring).
Anyway, if any of you have submitted the essay and have not received the review yet, please write to us at upsctree@upsctree.com
We sincerely Thank you for your understanding.We could not compromise on quality and will never do.
We could have just written this to our students instead of going public, but everyone has the right to know before they join our program, hence issued in public interest.
We are here to help you sail through UPSC and that is our sole objective.
We are trying to give you the best review at the least cost possible, the kind of review we give is not given by any institute or teacher (as far as our knowledge goes) and to help each of you is our goal.
Thank You Again.
Essay Program Director- UPSCTREE.
You can directly reach me at :-9873937990
Essay Program Details:- Click Here
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Petrol in India is cheaper than in countries like Hong Kong, Germany and the UK but costlier than in China, Brazil, Japan, the US, Russia, Pakistan and Sri Lanka, a Bank of Baroda Economics Research report showed.
Rising fuel prices in India have led to considerable debate on which government, state or central, should be lowering their taxes to keep prices under control.
The rise in fuel prices is mainly due to the global price of crude oil (raw material for making petrol and diesel) going up. Further, a stronger dollar has added to the cost of crude oil.
Amongst comparable countries (per capita wise), prices in India are higher than those in Vietnam, Kenya, Ukraine, Bangladesh, Nepal, Pakistan, Sri Lanka, and Venezuela. Countries that are major oil producers have much lower prices.
In the report, the Philippines has a comparable petrol price but has a per capita income higher than India by over 50 per cent.
Countries which have a lower per capita income like Kenya, Bangladesh, Nepal, Pakistan, and Venezuela have much lower prices of petrol and hence are impacted less than India.
“Therefore there is still a strong case for the government to consider lowering the taxes on fuel to protect the interest of the people,” the report argued.
India is the world’s third-biggest oil consuming and importing nation. It imports 85 per cent of its oil needs and so prices retail fuel at import parity rates.
With the global surge in energy prices, the cost of producing petrol, diesel and other petroleum products also went up for oil companies in India.
They raised petrol and diesel prices by Rs 10 a litre in just over a fortnight beginning March 22 but hit a pause button soon after as the move faced criticism and the opposition parties asked the government to cut taxes instead.
India imports most of its oil from a group of countries called the ‘OPEC +’ (i.e, Iran, Iraq, Saudi Arabia, Venezuela, Kuwait, United Arab Emirates, Russia, etc), which produces 40% of the world’s crude oil.
As they have the power to dictate fuel supply and prices, their decision of limiting the global supply reduces supply in India, thus raising prices
The government charges about 167% tax (excise) on petrol and 129% on diesel as compared to US (20%), UK (62%), Italy and Germany (65%).
The abominable excise duty is 2/3rd of the cost, and the base price, dealer commission and freight form the rest.
Here is an approximate break-up (in Rs):
a)Base Price | 39 |
b)Freight | 0.34 |
c) Price Charged to Dealers = (a+b) | 39.34 |
d) Excise Duty | 40.17 |
e) Dealer Commission | 4.68 |
f) VAT | 25.35 |
g) Retail Selling Price | 109.54 |
Looked closely, much of the cost of petrol and diesel is due to higher tax rate by govt, specifically excise duty.
So the question is why government is not reducing the prices ?
India, being a developing country, it does require gigantic amount of funding for its infrastructure projects as well as welfare schemes.
However, we as a society is yet to be tax-compliant. Many people evade the direct tax and that’s the reason why govt’s hands are tied. Govt. needs the money to fund various programs and at the same time it is not generating enough revenue from direct taxes.
That’s the reason why, govt is bumping up its revenue through higher indirect taxes such as GST or excise duty as in the case of petrol and diesel.
Direct taxes are progressive as it taxes according to an individuals’ income however indirect tax such as excise duty or GST are regressive in the sense that the poorest of the poor and richest of the rich have to pay the same amount.
Does not matter, if you are an auto-driver or owner of a Mercedes, end of the day both pay the same price for petrol/diesel-that’s why it is regressive in nature.
But unlike direct tax where tax evasion is rampant, indirect tax can not be evaded due to their very nature and as long as huge no of Indians keep evading direct taxes, indirect tax such as excise duty will be difficult for the govt to reduce, because it may reduce the revenue and hamper may programs of the govt.