Jumat, 14 Maret 2014

Govt not to bear higher subsidy on gas-price hike: Montek

Posted by Unknown on 21.16

Planning Commission deputy chairman Montek Singh Alhuwalia doesn't believe that the government should bear the burden arising from the difference between input and output prices of gas.
Also read: Petrol price up by Rs 1.82/L; to cost Rs 76.90/L in Mumbai
Speaking to CNBC-TV18 at the sidelines of Network-18's Think India Dialogue, he says, "I am personally not in favour of any increase in the subsidy burden as subsidy is not a part of planned expenditure. So, it is for the finance ministry to decide that. However, I don't think there has been any specific proposal. If there is a proposal, the government will definitely take a look at it."


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