Petrol price has been hiked, yet again by our UPA government. Opposition parties have called for a nation wide Bandh today. I am starting to think that, this Bandh has more losses than gains(if any that i cannot think of). The government has already started the gimmick of reducing the petrol prices by Rs2, i doubt that it will seldom happen as of now because the Rupee value just fell even more further yesterday.
The Bandh affects the common man's life to a great extent, there are many people who earn and eat their food each day, these bundh's will just put a stall to their earnings today. India's economy will be affected even more because of the low trading and transactions that happen today, and no doubt that India will lose a few more millions of revenue, thanks to the Bandh called for. Now when the revenue is lost, there can be no hope for Rupee value to increase.