AllPetrol and Diesel Subsidy should be removed.

Malaysians should support the govt's decision
to increase petrol and diesel price by 30 cts per
litre.This decision in fact should have been gradually
implemented a long time ago so that by now all vestige
of subsidy should have been removed by now.Any
artificial pricing not supported by economic
principle cannot be sustained over a period of
time.Subsidies tend to manipulate the pricing system
and creates a situation for profiteering and black
marketeering.Such a situation normally will benefit a
section of the population such as fisherman and
certain transportation sectors.
If Thailand and Indonesia can move towards
abolition of subsidy there is no reason why Malaysia
cannot do so.The fundamental principle to adhere is to
let supply and demand determine the market price.Over
time all other prices will be determined by market
forces and will be accordingly priced.
However, the govt should proceed with caution
its intention to divert the subsidy saved to be
chanelled for developement and the transportation
sector.Malaysians will certainly not accept a
situation where the benefits of the majority from the
subsidy be diverted to a few political cronies who
will benefit from the contracts dished out for
political motives.If this was to happen then its like
taking the subsidy of the majority and putting it into
the pockets of the miniority.Hopefully, this will not
happen.