Cascading distortions

Distortions have an uncanny ability to feed on themselves. It began with the Government introducing dual pricing in diesel, with higher rates for bulk consumers and retail consumers being let off with a lighter burden. What that did was to impose a disproportionate burden on the Railways and state transport undertakings (STUs) catering to the transportation needs of the masses, as opposed to the rich driving diesel-powered luxury sedans. 

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