ID :
39309
Wed, 01/07/2009 - 16:33
Auther :

Indian Govt contemplating more cuts in petrol, diesel prices

New Delhi, Jan 7 (PTI)Indian government Wednesday said it may cut petrol and diesel prices further in "the next 2 to 3 weeks" and also slash cooking gas prices.

"We will try to reduce the prices of petrol and diesel
in the next 2-3 weeks," Petroleum Minister Murli Deora told
reporters at the All India Congress Committee (AICC)
headquarters here.

Asked about the extent of reduction, he said it has still
not been decided.

On December 5, the government had announced a Rs 5 per
litre and Rs 2 a litre reduction in petrol and diesel prices,
respectively, as global crude prices hovered around four year
lows.

To a question on cooking gas prices, Deora said: "There
was loss on that count to the government." He, however, hinted
at a reduction of Rs 20-25 per cylinder.

The minister expressed unhappiness over the truckers'
strike, saying: "Somebody perhaps is misguiding them," while
quickly adding that the strike did not even concern his
ministry. PTI AMI
SAK

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