Diesel Archives - indiabusinessview

India hikes diesel prices: what is the UPA gameplan?

September 14, 2012August 20, 2014Editor

Is the government on a suicide mission? Its move to hike diesel prices by 12% is a very steep hike in a sensitive fuel item, one which directly affects farmers, and has a cascading effect on a number of goods and services such as public transport, and food items.

No dual pricing for diesel, no tax hikes either

August 6, 2011August 20, 2014Editor

Pranab Mukherjee, finance minister, spoke to a gathering of industrialists on Saturday at the National Conference of the Confederation of Indian Industry, assuring them that the government had no intention of adopting regressive policy measures. He said that dual pricing for diesel is not on the cards and neither is the government planning any fresh tax hikes.