ЁЯУМ Absolute BANGER!
BJP drops video exposing how UPAтАЩs "OIL BONDS" kept bleeding India till 2026
2003: FRBM Act passed, stressing fiscal discipline & intergenerational equity.
2004: Crude ~$40/barrel, starting point of the oil-price escalation.
2005: Crude hits ~$60; oil-bond mechanism begins to compensate OMCs for under-recoveries.
2005тАУ10: UPA issues тВ╣1.48 lakh Cr+ in oil bonds at 6.35тАУ8.4% interest, with 15тАУ20-year maturities.
2007: Crude reaches ~$90.
July 2008: Crude explodes to ~$144/barrel; IndiaтАЩs import bill surges.
2008: IOC, BPCL & HPCL face massive under-recoveries as domestic fuel prices remain below international costs.
2009: Lok Sabha election year; fuel prices remain politically sensitive as liabilities are deferred through bonds.
2010: Main oil-bond issuance ends at ~тВ╣1.48 lakh Cr.
2004тАУ14: Only ~тВ╣13,764 Cr principal repaid during UPA; major liabilities remain.
2013: India enters the тАЬFragile FiveтАЭ amid currency, deficit & capital-flow pressures.
May 2014: Modi govt inherits the outstanding oil-bond burden.
2014тАУ18: Modi govt pays ~тВ╣40,226 Cr in oil-bond interest in its first four years.
Oct 2014: Diesel pricing deregulated.
2014 onward: LPG subsidy increasingly shifted to DBT.
June 2017: Daily dynamic pricing introduced for petrol & diesel.
FY 2025тАУ26: Final major redemptions total ~тВ╣37,000 Cr.
4 Feb 2026: тВ╣22,000 Cr paid.
23 Mar 2026: тВ╣10,000 Cr paid.
29 Mar 2026: Final тВ╣5,000 Cr paid. Principal obligation closed.
29 Mar 2026: Entire oil-bond episode, including principal + interest, estimated at ~тВ╣3 lakh Cr over two decades.
A liability created in the UPA era. Interest paid for years. Final principal cleared in 2026ЁЯЗоЁЯЗ│
Explosive ЁЯзи
Simi ChandokeтАЩs old-school Bollywood revelations are WILD! ЁЯШ│
Affairs, star kids, childhood pressures and how celebrity families deal with scandals behind closed doors.
Some stories will genuinely leave you SHOCKED. ЁЯСАЁЯФе
when Bollywood journalism had no filter!
Jagjit Singh had a way of making every word sound deeply personal.
Another beautiful ghazal by the legendary Jagjit Singh.
тАЬThukrao ab ke pyaar karo, mai nashe mein hoonтАЭ тЭдя╕ПЁЯО╢