If you become the PM, will you raise price of the KG Basin gas, - TopicsExpress



          

If you become the PM, will you raise price of the KG Basin gas, which has already been doubled by the UPA government to $8 per unit? This is a highly speculative question, however, to answer your question, please consider these figures. PSU enterprises, led by ONGC produce two thirds of all gas production in India. Reliance produces barely 10%. Hence any rise in the price of gas will benefit ONGC the most, directly contributing in filling up the coffers of the state exchequer. Hence, your allegation that price of gas is being raised to benefit Reliance doesn’t hold ground. The price change in gas has been recommendation by an eminent six member panel headed by C Rangrajan. While you allege that all these experts are on the payroll of Reliance, which is really condemnable, you conveniently hide the fact that this panel was appointed by Shri Jaypal Reddy, the then petroleum minister, who is a known Reliance oppose. Rishabh Parakh : did you have this info before you were making these allegations ??
Posted on: Sun, 09 Mar 2014 10:58:34 +0000

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