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Under recovery at Rs 2 trln if fuel price not hiked: Parikh

Much to the dismay to OMCs, the government has decided not to hike fuel prices soon. OMCs are crying foul over the loss that is incurred over under recovery adding per day. Kirit Parekh, Member, Planning Commission is disappointed at the government‘s inaction warning that it will spell trouble for the fragile Indian economy.

first published: Sep 8, 2012 01:00 pm

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