Chidambaram defends new gas price to producers
The new price approved by the cabinet for domestically produced natural gas is the right decision, Finance Minister P.Chidambaram said here Monday.
“It has taken into account all pros and cons, including the reservations expressed by different ministries. The cabinet decision is the right decision,” Chidambaram told reporters.
Clarifying that a decision approved twice by the cabinet was referred to the Election Commission only from abundant caution about not violating the poll code of conduct, Chidambaram warned of the consequences of not implementing it.