Panel suggests deregulation of fuel prices
February 3rd, 2010 - 6:20 pm ICT by IANSNew Delhi, Feb 3 (IANS) A government-constituted panel on oil sector reforms Wednesday suggested total decontrol of oil prices, while recommending an immediate increase in prices of kerosene by Rs.6 per litre.
The committee headed by economist Kirit Parikh also pegged the losses of state-run oil marketing companies at Rs.40,000 crore on account of having to sell transport fuels at below cost.
“There is no way we can continue with the current pricing policy,” said Parikh while discussing the recommendations here.
- Panel suggests deregulation of fuel prices (Lead) - Feb 03, 2010
- Government reluctant to decontrol diesel prices: Parikh - Aug 26, 2011
- Public fumes, as petrol prices hiked again (Roundup) - Sep 15, 2011
- Government decontrols petrol; hikes diesel, kerosene, LPG (Lead) - Jun 25, 2010
- Ministerial panel to decide diesel price hike Dec 22 - Dec 15, 2010
- Oil minister pushes for fuel price hike to curb subsidy (Lead) - Jun 07, 2010
- Panel favours deregulation of auto fuel prices (Second Lead) - Feb 03, 2010
- No fuel price hike till committee submits report: Deora - Feb 01, 2010
- Ministerial panel to decide on diesel price hike next week (Lead) - Dec 15, 2010
- Crucial meeting on hiking fuel prices Monday evening - Jun 07, 2010
- Meeting of ministerial panel on fuel price hike postponed - Jun 15, 2010
- Government compelled to hike fuel price: Reddy - Aug 04, 2011
- Decision on fuel price hike deferred - Jun 07, 2010
- Ministerial panel may meet next week on fuel price hike - Jun 16, 2010
- EGoM to meet Friday to consider fuel price hike - Jun 22, 2010
Tags: crore, decontrol, deregulation, economist, fuel prices, kerosene, kirit, litre, losses, marketing companies, New Delhi, oil prices, oil sector, rs 40, rs 6, sector reforms, transport fuels