The Group of Ministers (GoM), which met on Wednesday, decided to refer the issue of deregulation of urea pricing to a Committee of Secretaries. The panel will examine the proposal and submit its report to the GoM, which will then hopefully take a final call.
CNBC-TV18's Managing Editor Udayan Mukherjee says that given the recent experience of the GoM meetings, the move to form a Committee of Secretaries for a report will not go down very well with investors.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
