EC seeks details from govt on proposed gas price hike

After AAP sought the Election Commission's intervention in stalling the gas price hike from April 1, the poll panel has sought details from the government on the proposed increase.

The Commission has already discussed the issue and it is seeking more details from the government before issuing an order on the gas price hike.

Sources said the Commission had detailed meeting on the issue on Saturday evening and will hold further debate on the matter in its meeting today.

Earlier, the Commission had said that it has taken note of AAP leader Arvind Kejriwal's complaint that on a proposal by Reliance Industries, the Petroleum Ministry is going to hike gas prices from April 1.

Kejriwal had in a letter to EC termed the gas price hike as violation of the Model Code of Conduct and alleged that the decision was aimed at providing windfall gains to Mukesh Ambani's Reliance Industries.

Petroleum Minister M Veerappa Moily has made it clear that the government will not go back on its decision to hike rates from April 1.

He has said that the decision to raise gas prices for both public sector and private producers has gone through a governance process.

"It was considered by the Cabinet twice and approved twice," Moily had said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • Government must give up majority ownership in loss making PSU banks

    After four years of braving economic slowdown and provisioning for rising non performing assets (NPAs), public sector banks are in urgent of capital.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

BK Chaturvedi

Cooperative federalism and governance

Improving relations between the states and the Centre to improve ...

Kuruvilla Pandikattu SJ

Reason drives religion, science

Both religion and science are driven by reason, claims Rama ...

Gautam Gupta

Retailers have it tough, thanks to e-commerce

For the past few months our focus has been on ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture