Rising Fuel Prices: Snowball Effect
5 March 2013 - The Défi Media Group
Since Friday midnight, the price of gasoline has increased from Rs 49.30 to Rs 52.25 per liter (5.98%) while that of diesel experiencing an increase of Rs 41.20 to Rs 43.95 liter (6.67%).
"This will have an impact on consumers, especially those who use their car and far-those in the bottom. Which widen further the gap between rich and poor, "says Suttyhudeo Tengur, president of the Association for the Protection of the Environment and Consumers (APEC).
This increase will be consequences, he said. "Our exports will take a hit. There will be a decline in competitiveness. This will have implications for growth and employment. Price spikes are expected, "he advance. Jayen Chellum, spokesman for the Consumers' Association of Mauritius (Acim) argues, on the other hand, this increase is "unjustified". "We put it to the account of the international crisis. However, there is a lack of transparency on the subject, "he says.
Will there a cascade of price increases? No. At least for the moment! Raffick Bahadoor, president of the Taxi Proprietors Union argues that there will be no new tariffs. "Consumers are already suffering. We can not afflict more. This is our livelihood would be at risk, "he advance.
Same story on the side of the association monitors driving school. Aubdool Iqbal says prices will remain unchanged, as the increase will not have serious consequences. The side of the Bus Owners' Cooperative Society, secretary Sunil Jeewoonarain says the impact of this increase will be amortized. "We set up a fund. If there is an increase in fuel prices, bus operators will be entitled to a grant. Thus, the ticket prices will remain unchanged, "reassures our interlocutor.