New Delhi, June 23: A hike in petrol and diesel prices looks imminent this week as Railway Minister Mamata Banerjee appears to have agreed to the proposal, sources said.
An Empowered Group of Ministers on Friday may decide to free petrol prices from government control, a move that will result in rates increasing by up to Rs 3.73 a litre, they added.
The panel headed by Finance Minister Pranab Mukherjee may, however, not approve of a similar hike for diesel and instead give the nod for a maximum increase of Rs 2 per litre.
Banerjee, who skipped the last EGoM meet on June 7, appears to have agreed to the price rise, sources said.
NCP supremo Sharad Pawar, too, had abstained from the panel’s meeting on June 7.
–Agencies