Fuel price hike: Deora discusses with allies

Posted By: Staff
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New Delhi, Feb 10: Petroleum Minister Murli Deora on Wednesday, Feb 10, held talks with political parties on the proposal of increasing fuel prices.

According to sources, Deora met A Raja, telecom minister and senior leader of UPA's ally, DMK, to build consensus for freeing petrol and diesel prices, and marginally increasing kerosene and LPG rates.

The petroleum ministry is likely to go with the Kirit Parikh panel's recommendation of freeing petrol and diesel prices, sources said.

Sources also said that the ministry wants the hike proposed for LPG and kerosene moderated.

The Kirit Parikh Committee had suggested an increase of Rs 6 a litre in kerosene rates and a Rs 100 per cylinder increase in LPG prices.

Deora is likely to settle at Rs 25 per cylinder hike in LPG rates and 1 ruppee a litre raise in kerosene prices, sources added.

The Union Cabinet is likely to discuss on Thursday, Feb 11, a Petroleum Ministry proposal on fuel prices.

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