Tuesday, July 28, 2015


Letter Published in Gulf News UAE on 29July 15,

Regarding deregulation of oil prices  .Will companies increase pay?

The deregulation will certainly cause people to take a hit. Those who are not getting the support of petrol allowances from their workplaces, will think twice before filling their fuel tanks. Public transportation and carpooling with friends may become preferred options by many. It’s also possible that many companies will not increase salaries due to this, since they have their own policies. This increase will affect salaried people, but may also help with the traffic congestion.

From Mr K. Ragavan

Bengaluru, India 

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