No immediate plan to up fuel prices, says Govt
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No immediate plan to up fuel prices, says Govt

Last Updated: Tuesday, December 29, 2009, 13:47
 
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No immediate plan to up fuel prices, says Govt
New Delhi: The government has no immediate plans to raise fuel prices, Petroleum Secretary said on Tuesday, after a newspaper report that auto fuel prices could be raised early next year.The Hindustan Times newspaper said in a report that prices of auto fuel could increase "anytime early next year.""There is no such proposal yet," Petroleum Secretary R S Pandey said responding to the report. India previously raised fuel prices by as much as 10 percent in July, when global crude oil prices were hovering at about $70 a barrel.State-run refiners sell petrol, diesel, kerosene and cooking gas at low government-fixed rates to control inflation and help the poor, and receive partial compensation from the government.
Bureau Report



First Published: Tuesday, December 29, 2009, 13:47


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