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  • Reserve Bank, LPG, deregulate diesel prices rbi to government, Petroleum product prices

    Deregulate diesel prices: RBI to Government 2012-01-25 06:50:34

    While petrol prices are market-linked, the government decides the rates of LPG, kerosene and diesel, which usually results in a large budgetary expenditure on subsidies. The Reserve Bank today said the government should deregulate diesel prices in order to contain...

    Keywords: suppressed inflation, Petroleum product prices, fiscal slippages, kerosene and diesel

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