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    HomeNewsBusinessCompaniesDiesel price decision not to reduce fuel subsidy bill: FM

    Diesel price decision not to reduce fuel subsidy bill: FM

    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.

    January 17, 2013 / 15:04 IST

    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."

    Govt allows oil firms to set prices over a period of time

    first published: Jan 17, 2013 02:56 pm

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