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Home > News > Govt may hold diesel price rise, ignore decontrol option > Govt may hold diesel price rise, ignore decontrol option

Govt may hold diesel price rise, ignore decontrol option [1]

At least two months are left before a new government takes charge, so there is time for two monthly price rises of 50 paise a litre each

The petroleum & natural gas ministry has decided to discontinue the practice of a monthly diesel price increase, indicating putting on hold its plan for a phased decontrol of the fuel’s price. But this has come at a time when the revenue loss on sale of every litre of diesel has shrunk to Rs 5.93 a litre, which could, perhaps, have given the government the best window to effect a complete decontrol.

Publication Date: 
02/04/2014
Jyoti Mukul [2], Shine Jacob [3]
Business Standard (New Delhi) [4]
Tags:
Diesel [5], Fuel Pricing [6], Ministry of Petroleum and Natural Gas [7], Election Commission of India [8], Indian Oil Corporation (IOC) [9], Kerosene [10], LPG [11], Energy [12]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/govt-may-hold-diesel-price-rise-ignore-decontrol-option

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/govt-may-hold-diesel-price-rise-ignore-decontrol-option
[2] http://admin.indiaenvironmentportal.org.in/category/author/jyoti-mukul
[3] http://admin.indiaenvironmentportal.org.in/category/author/shine-jacob
[4] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/election-commission-india
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/indian-oil-corporation-ioc
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kerosene
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/lpg
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy