Till this point it is generic and would be common for most B-school aspirants. Some other things that were very useful at this stage were - A word document passed on by ex-colleague Ritu, having a PC with broadband connection, my boss's advice, and the coaching centre. After taking GMAT, the journey took a different turn.
Read it as an addendum to the article in the e-book How is kerosene produced? Petroleum or crude oil is the liquid which comes straight out of the oil wells. This liquid is of little use because it is a mix of various hydrocarbons each having a different boiling point and ignition temperature and hence it is necessary to separate them for efficient use.
The separation is done by a simple process known as fractional distillation. These hydrocarbons have progressive boiling points, so they can be easily separated by distillation — heating the oil and pulling out different products at different vaporizing temperatures. Using this method, liquefied petroleum gas LPGpetrol, kerosene, diesel and lubricating oils are separated from each other.
The residual is processed to extract asphalt, tar and wax. How are petroleum product prices determined in India? Given the high volatility in international oil markets, the government continues to control prices of petrol, diesel, kerosene and LPG despite past attempts to decontrol them.
The pricing is based on the presumed users of various products. Petrol, for instance, is an item of final consumption and hence an increase in its price will have little impact on inflation. So there is little pressure to subsidize it.
Diesel, on the other, is a product whose price will have an impact on inflation as it is widely used.
The railway is also a key user. LPG is also subsidized. The subsidy is aimed at promoting a cleaner source of energy rather than using firewood or dung cakes, which not only add to pollution. Why do some people oppose the subsidy? This diverted kerosene is used for adulterating diesel. Diversion means the government is not only subsidizing the petroleum mafia, but the adulterated diesel is also increasing the carbon footprints of the country.
A lesser price difference would reduce these practices.
Petrol is, however, being sold at higher prices while the rest are subsidized. Kerosene is sold at Rs 9.
What has been done to check diversion of PDS kerosene? The first attempt to detect the diversion of PDS kerosene was in the s, when the government introduced a blue colou-rant in PDS kerosene, but petrol pump owners discovered a neutralizing chemical and the scheme had to be withdrawn.
Ina coupon system was introduced in Mysore. The consumer was to give the coupon to the dealer, which the dealer had to submit to authorities in order to get paid. The system was withdrawn for unknown reasons. InGPS were fitted on delivery tankers to check diversion, but to no avail.Content Writing How an internship helped me follow my passion for writing and travelling About the author: Sanjana Gopal, a student of Loreto College, Kolkata, recounts how an internship redefined her as a professional writer and a travel enthusiast.
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