Oil Minister M Veerappa Moily said the government is yet to take view on raising diesel, kerosene and LPG prices. The Vijay Kelkar Committee had recommended deregulation of diesel prices to check fiscal deficit.
"With reference to report submitted by Mr Vikay Kelkar... that is a proposal. It is still at proposal stage. The Ministry is only processing that report (and) we are yet to take a decision," Moily told reporters. Also Read: Producing fields: OilMin allows RIL, Cairn to explore moreDiscover 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!
