Get ready to pay more for fuel, gas

Petrol, diesel, cooking gas and kerosene prices will go up if the government accepts recommendations made by the Kirit S Parikh committee, which submitted its report on the pricing of petroleum products on Wednesday. The report will go to the cabinet for a decision in 7-10 days, petroleum minister Murli Deora said.

The committee, whose other members are Isher Judge Ahluwalia, Suman Beri and petroleum secretary S Sundareshan, has called for an unequivocal decontrol of petrol and diesel prices, which, it has said, should be market-determined both at the refinery gate and retail level.

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