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Moneycontrol.com >> Message Board >> View Messages >> Economy
   You are here :     Moneycontrol     MMB    Market View      Economy                         Most active discussions of 2006 , 2007 & 2008
HOW LONG govt can feed subsidy.... (1)   08-Jul-08 19:05Tracked by (0)  
Posted by:   ravipratap61 on ( 08-Jul-08 19:05 )
CESS on pvt company...-in other words govt is mulling to impose subsidy burden on pvt company.
it is very dangerous..as govt is finding difficult to manage its financial blunders and now slowly make efficinent pvt companies sick.RIL IS on radar...will it go ONGC way as if any cess inposed on RIL make it same as ongc with no profit increase...AS RIL had to close its petrol pumps due to govt policy on oil.
bad days ahead for eqty mkt ?

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