Govt seriously considering revision of diesel, LPG rates: Oil Minister Veerappa Moily

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The ruling UPA's political leadership is holding consultations on options like raising diesel and LPG prices to cut an unprecedented Rs 1,60,000 crore revenue loss expected from selling auto and cooking fuel below cost this fiscal. (Reuters) The ruling UPA's political leadership is holding consultations on options like raising diesel and LPG prices to cut an unprecedented Rs 1,60,000 crore revenue loss expected from selling auto and cooking fuel below cost this fiscal. (Reuters)
SummaryKelkar panel had recommended an immediate hike in price of diesel by Rs 4 per litre.
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