It is a good move as it lightens the subsidy burden on our government. The revenue deficit margins will improve. But from public point of view, it is a burden on common man as most of them use diesel fuelled vehicles for transport. Further any shortage in stocks of diesel can trigger increase in prices thereby making it more difficult for him. So strict supervision and control should be there in supply and demand of diesel stocks.
Posted on: Sat, 18 Oct 2014 16:14:26 +0000
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