The Government has tried to move in the right direction by de-regularising petrol, increasing diesel price by 50 paisa every month and limiting the number of subsidised LPG cylinders per year to ease
Last updated: 14-Nov-2022•Research Desk
The Government has tried to move in the right direction by de-regularising petrol, increasing diesel price by 50 paisa every month and limiting the number of subsidised LPG cylinders per year to ease the burden.
Diesel prices will need to be deregulated while at the same time keeping fuel price inflation in check.
Market pricing of fuels will make OMC's viable and the Government's resources could be productively used elsewhere.
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