It may be recalled that last week, a meeting of the Empowered Group of Ministers (EGoM) was indefinitely postponed on Deora’s insistence amid fears that any hike in diesel and LPG would have a cascading effect on overall inflation.
Oil & Gas Round Up - January 03 to January 07, 2011 - India Infoline.com
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It may be recalled that last week, a meeting of the Empowered Group of Ministers (EGoM) was indefinitely postponed on Deora’s insistence amid fears that any hike in diesel and LPG would have a cascading effect on overall inflation. Union Petroleum Minister Murli Deora on Wednesday said that the Government was not planning any increase in diesel and LPG prices for the time being as it would only aggravate the inflation picture. "We are trying to see there is no further price increase," Deora told reporters in New Delhi today. "If global oil prices go up then something has to be done. But we are doing our best to see that essential commodity prices don't increase," he added.Oil & Gas Round Up - January 03 to January 07, 2011 - India Infoline.com
