PM may take up freeing of fuel pricing


New Delhi: Prime Minister Manmohan Singh may deliberate on freeing auto fuel
prices when he reviews the financial health of state-run oil firms with
finance minister Pranab Mukherjee and oil minister Murli Deora on January
13. Planning Commission deputy chairman Montek Singh Ahluwalia and former
Planning Commission member Kirit S Parikh, who heads an expert committee on
fuel pricing, may join the deliberations, official sources said.
   Meeting has been called to take stock of the petroleum sector, especially
the financial position of PSU oil retailers, they said. The issue of freeing
petrol and diesel prices from the government control may come up for
discussion as Indian Oil, Bharat Petroleum and Hindustan Petroleum are
projected to lose Rs 45,000 crore on selling the two auto fuel and domestic
LPG and kerosene at rates below cost during the current fiscal. PTI

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