17 Oct 2011

With generous dispensing of cheap diesel to rich car owners, the  government has finally turned the market around.  Media is abuzz with the Petroleum Planning and Analysis Cell’s report. It says the diesel consumption growth rate at 6.4 per cent has outstripped that of petrol at 4.5 per cent. Petrol price hikes have made the fuel price gap gape wider and add to diesel’s lure.

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