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Diesel price decision not to reduce fuel subsidy bill - Chidambaram

Source : REUTERS
Last Updated: Thu, Jan 17, 2013 09:45 hrs
India's Home Minister Chidambaram speaks during a news conference in Islamabad

India's budget-busting fuel subsidy bill for the current fiscal year ending in March is expected to remain unchanged even after a government decision to allow state-run oil companies to set diesel prices, Finance Minister P. Chidambaram said on Thursday.

"When they will make this small correction and how much, I can't say," he said. "So I am not factoring it."

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  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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