No diesel price hike for now, says Oil Minister


 Friday, June 8, 2012: Still battling the fallout of last month’s steep Rs 7.54 a litre hike in petrol price, the government today said it is not considering raising rates of diesel, domestic gas (LPG) and kerosene for the moment.
” I will only say there is no thinking on this matter. No date for meeting of Empowered Group of Ministers (EGoM) has been fixed,” Oil Minister S Jaipal Reddy told reporters here.
The EGoM on fuel prices, headed by Finance Minister Pranab Mukherjee, has not met since June last year even though depreciation in the rupee and rise in international oil prices have raised the cost of imports.
“On this date, there is no thinking. No EGoM meeting has been fixed,” Reddy said.

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