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Balanced act Govt prods diesel prices up to rein in deficit

Jan 18, 2013

Balanced act Govt prods diesel prices up to rein in deficit

While the decision on the LPG cylinder will pacify their political constituency, the decision on diesel sends out a message to the (central bank) that the government is serious about tackling subsidies #ConnectTheDots #Petrol #Veerappa Moily #Chidambaram #LPG #Diesel #Diesel deregulation
Diesel hike impact not factored in FY13 oil subsidy billFM

Jan 17, 2013

Diesel hike impact not factored in FY13 oil subsidy billFM

Concerned over under-recoveries by oil companies, the Cabinet Committee on Political Affairs (CCPA) earlier in the day authorised oil marketing companies to make price correction from time to time. #Chidambaram #oil subsidy #FMSpeaks #Diesel deregulation