Govt to decide on fuel price hike by month-end

The government is likely to take a decision on revising fuel prices by the end of this month.

The government is likely to take a decision on revising fuel prices by the end of this month, Petroleum Minister Murli Deora said on Monday.

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"We are giving a final shape to the decision. We will be meeting the Finance Minister, left parties and our party next week," he said.

The decision (to revise fuel prices) would depend on the outcome of these meetings, he said.

Earlier this month, Deora had met Prime Minister Manmohan Singh, Finance Minister P Chidambaram and left parties to discuss the matter, although no decision could be taken due to lack of consensus.