Oil prices to be hiked? (the video is loading, may take long. Please bear with us...)
Updated on Dec 05, 2007 11:37 pm IST
Even with the government refraining from increasing domestic prices of petroleum products due to political considerations, the Planning Commission on December 4 made a case for passing them on to the consumers. According to Planning Commission Deputy Chairman Montek Singh Ahluwalia, it was not a good idea to check inflation by keeping prices of petroleum products low.
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