We discussed about Sensinomics earlier, in the context of
petroleum price revision and its lack of sensibility in economics. I must be
the nth person in the country to discuss this. However, our Governing super
bureaucrats are not bothered about public or their inputs and they went on to
constitute a committee to study about revision of pricing (or, was it a
committee to find some digestible reasons to increase the price?). The results
are obvious and pre-determined and in a nutshell, it recommends an increase of
Rs. 100/- for domestic cooking gas and an increase of Rs.4/- for the diesel.
This is apart from the already slotted Rs. 0.50 increase per month!
The committee to study about price revision was appointed by
the ministry with consultation
and consent of these oil companies! How does
this committee arrive at an unbiased conclusion? By arriving at a figure based
on the financial data provided by the companies (Not by considering
independently amalgamated data!) and how on the earth it becomes an independent
revision exercise? On top of this, do you have any sampling done among the consumers
from various strata? (No authentic information available despite multiple pleas
under the provision of RTI Act). There were multiple finance wizards who came
up with multi-level suggestions and none of their inputs are taken into
consideration before arriving at the (il)logical conclusion.
All this adds cost to the consumer, as it gets funded by the
tax payer. In fact, what’s happening in this country is that the tax payer
appoints a committee with awesome fees and perks to find a reason to increase
the prices of the commodities consumed by them?! Irony….! Is it not? How can we
end it? In the current system we have no choice other than going to the court
individually or collectively; which would take a long time to decide. In the
meanwhile, the price can be increased unilaterally, unless we get a direction
from the court or stay order on any price increase till the judgment is made on
the matter.
In this context, we should seriously think about bringing in
effective social audits in the sector, which should reflect the sensibilities
of the ordinary people; among whom you come across excellent and practical
‘Sensible Economists’ or ‘Sensinomists’. How to bring this into effect needs
detailed discussions. However touch points would be a multi-level approach….
First Level:
The online response platforms should be provided at each
petroleum outlets which is going to be a large network. This would empower the
end customer give their feedback direct and without any interference and delay.
This can also give responsive customers an opportunity to
comment not just on the pricing, but on various services (or lack of those) offered
by the franchisee or the companies.
Second Level:
Initiate social audits at ‘Panchayat’ level by independent
people groups. This can be initiated at Gram Sabha and other social and
governing bodies, where collective discussions are held to pass a resolution to
be sent to the ministry with copy to companies. Akshaya Centers, JanSeva
Kendras, e-Seva Kendras or such online kiosks at Panchayat levels can be
utilized to send this referendum online.
Top Level:
Furthermore, it could be done by multiple Civil Society
bodies at the top level. This level of participation is to bring in fresh
thoughts and out of the box ideas without bereaving the essence of social
justice to amicably find sustenance solutions in this energy craving globe.
This independent body with eminent economists with common
sense should audit the financial data based on the international thumb rules
and social data available. These interventions are expected to be transparent
and consumer centric.
More would get evolved as this process progresses and it
could be formalized later on to improvise every bit of this process.