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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 bill:FM

Jan 17, 2013

Diesel hike impact not factored in FY13 oil subsidy bill:FM

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