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Plan Panel backs diesel price hike

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Plan Panel backs diesel price hike

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28 Views • Sep 14, 2012

Description

Strongly backing the decision to hike diesel price and cap on supply of subsidised LPG, Planning Commission on Friday (September 14) said the country needs lot of tough decisions and diesel and petrol prices should be deregulated in phases to cut down deficit. "Diesel price hike is a tough decision and we need lot of tough decisions to get to 8 per cent growth rate," Planning Commission Deputy Chairman Montek Singh told reporters in New Delhi.