This will be the second time in a week Pakistan will slash the fuel subsidies in a bid to control the fiscal deficit and secure International Monetary Fund bailout money.
An attendant fills a vehicle with gasoline at a Shell Petroleum Ltd. gas station in Rawalpindi, Pakistan, (Bloomberg)
"No, we have not yet thought about it," the chief minister said when asked if his government was considering any cut in fuel prices following the Centre's move.
Before gas prices spiked, India planned to reduce its carbon footprint by 33-35% of its 2005 levels by 2030, part of its commitment at the Paris climate conference seven years ago. India made a commitment at the COP-26 summit in November last year to achieve net zero carbon emission by 2070.
Adequate availability of energy at an affordable rate is one of most important factors for India, which is the world’s fastest growing economy.