Financial Daily from THE HINDU group of publications
Friday, Jun 17, 2005
Financial Daily from THE HINDU group of publications Friday, Jun 17, 2005 |
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Petroleum Industry & Economy - Petroleum Government - Politics Decision on petro price hike deferred Our Bureau
New Delhi , June 16 A DECISION on revising petroleum prices was deferred by the Cabinet Committee on Economic Affairs today. When asked if the issue was listed for the CCEA meeting, the Finance Minister, Mr P. Chidambaram, said, "Yes, but it has been deferred by a few days because some important Ministers were not present." The matter is to be taken up in the next CCEA meeting, which, the Finance Minister indicated, could possibly be on Saturday. A moderate hike in petrol and diesel prices was being considered with a view to limiting the impact on the common man.
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