A ministerial panel may on Monday decide on raising petrol and diesel prices by up to Rs 3.50 a litre and domestic LPG rates by Rs 25-50 per cylinder, besides considering raising kerosene prices marginally.
The Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, will meet on Monday afternoon to consider a Kirit Parikh Committee report that calls for freeing of petrol and diesel prices from government control, besides a steep hike in LPG and kerosene rates to cut the subsidy bill.More
Leave a Reply
You must be logged in to post a comment.