New Delhi, June 15: Oil Ministry is seeking a meeting of a panel of ministers on Thursday to discuss fuel pricing, Oil Minister Murli Deora told reporters on Tuesday.
“Better to have it on Thursday as the cabinet is there,” Deora said.
The decision to free up fuel prices is a tough test of the government’s ability to carry out reforms. Freeing up prices will help beleaguered state-run oil firms and improve the country’s fiscal health as fuel accounts for a quarter of an estimated subsidy bill of $25.6 billion.
-Agencies