Buying a diesel car? Days of subsidy may soon be over

Buying a diesel car? Days of subsidy may soon be over

With passenger cars consuming about 15 percent of the diesel, the government on Thursday indicated that it might do away with the subsidy enjoyed by such vehicle owners.

“…we can accept your (Opposition) suggestion and try to work out what mechanism could be found out so that this section (diesel car owners) is not subsidised,” Finance Minister Pranab Mukherjee said replying to a debate on price rise in the Lok Sabha. The government gives a subsidy of Rs 6.08 per litre on diesel.

While the prices of petrol are linked to market rates, the government directly and indirectly compensates the oil marketing companies for losses on account of sale of diesel, kerosene and LPG through subsidies and oil bonds. Under pressure to keep its finances under control, the government has already indicated that it was keen on freeing prices of diesel and cooking gas (LPG), but retaining subsidy on kerosene which was used by the poor.

In June, while increasing prices of kerosene, diesel and LPG, the government had slashed customs and excise duties on petroleum products to mitigate the impact of price hike on common man. It took a revenue hit of Rs 49,000 core per annum. India imports about 75 percent of its total crude oil requirement. Mukherjee said out of total consumption of diesel, 10 percent is used by industry, 6 percent by railways, 12 percent by the agriculture sector and 15 percent by car owners.

As much as 8 per cent is used for power generation, he said, adding buses and trucks consume 12 percent and 37 percent, respectively. Mukherjee said that despite price increase of petroleum products in the recent past, the under recoveries of state owned oil companies was still around Rs 1.22 lakh crore.

JD-U leader and NDA convenor Sharad Yadav had questioned the government’s policy of providing subsidised diesel for consumption by luxury car owners, telecom tower companies, malls and restaurants.                                                                                                                        PTI

The Reverse sensor  system is a safety device that accurately detects all objects, as children, toys, pets, another autos, etc. that are behind your vehicle while you back up. The beeping as well as LCD/ display inside the car warns the driver of the danger and prevents a potential accident.

But, the most important thing is that by installing this system you can prevent injuries to adults or worse children.

As per the recent reports 27% of accidents occur in when the vehicle is in reverse. It also informed on research that the 70% of these type of accidents can be avoided with the use of reverse parking sensors.

How does it work?

This system is automatically activated when you engage reverse gear. Small sensors are located at the rear of the vehicle, they send and receive ultrasonic radio waves, which bounce off obstacles and alert you to their presence. There is an internal buzzer that gradually increases in frequency as you approach the object and shows you the distance in the LCD display. A continuous tone and the red color in the LCD display background denotes that you are within 1ft (0.35m) of the obstacle.