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Fuel prices likely to be announced

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Agencies

Posted online: Thursday , January 17, 2008 at 10:23:59
Updated: Thursday , January 17, 2008 at 10:39:32


New Delhi, January 17: The government is likely to announce the change in fuel prices during the GoM meet on Thursday.

Petroleum Secretary M S Srinivasan said a change on fuel prices was likely after the GoM meet later during the day.

"There is a possibility of a change," he told reporters ahead of the GoM meet this afternoon.

He said the ministry has sought duty rationalisation to contain the impact of surging crude oil prices.

The Group of Ministers' recommendation will be betted by the Cabinet.

"The cabinet may meet in a day or two depending on the urgency for a decision," he said.

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Oil Prices by Subbu on 17 Jan 2008

continued....Chidambaram and co have converted the Navaratna Oil companies into Navadaridra companies.

Oil Prices by subbu on 17 Jan 2008

Shame on this Government for not hiking the oil prices much earlier, when it was due, merely because the Government is blackmailed by the Leftists. In the process, Chidambaram

Oil Price hike by varinder Sarin on 17 Jan 2008

Fuel prices has risen internationally more than 6 times and India has to swim with the current. Therefore reasonable increase has to be there and this increase can be compensated from unwarranted expenses being incurred by Ministers, MPs and MLAs on various foreign and Internal tours, birthday celebrations and hosting of dinners and luncheon meetings with Left on any sneeze. A lot can be saved if there is a will, thus minimizing the burden of Oil price hike on people.

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