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Mar 16, 2012, 04.14 PM IST | Source: Reuters

Budget 2012: Rangarajan sees action on diesel subsidy in 2012-13

The government will take action to reduce subsidies on diesel during the 2012-13 fiscal year that begins on April 1, the prime minister's chief economic adviser C. Rangarajan told television channel TIMES NOW on Friday.

Budget 2012: Rangarajan sees action on diesel subsidy in 2012-13

The government will take action to reduce subsidies on diesel during the 2012-13 fiscal year that begins on April 1, the prime minister's chief economic adviser C. Rangarajan told television channel TIMES NOW on Friday.

Rangarajan, however, said he does not know whether the expensive subsidy would be totally lifted.

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