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Why taxing diesel cars is worse than raising diesel prices
Jagannathan •The remedy for the increasing dieselisation of cars is not a higher tax on diesel cars. We should raise diesel prices and lower petrol.
It's time to eliminate diesel subsidies : Raghuram Rajan tells Centre
Fp Staff •Reserve Bank governor on Monday said it is time to eliminate diesel subsidies completely. However, he cautioned that geopolitical risks - Ukraine and Middle East - continue to remain and these low crude prices may be a temporary phenomenon.
Diesel subsidy will be wiped out if global oil prices hold: Arvind Mayaram
Fp Archives •Finance Secretary Arvind Mayaram said on Thursday he hoped diesel subsidy would be wiped out soon and prices would become market-determined if current global oil prices hold.<br />
Falling crude prices set stage for big-bang fuel price deregulation in Oct-Dec quarter
Jagannathan •With Brent crude easing up globally, and if the Modi government's luck holds till winter, the next quarter could see substantial fuel price deregulation and reduction in subsidies.