Parikh panel recommends Rs 5 per litre hike in diesel
Oct 30 2013 , New Delhi
The panel has recommended Rs 4 per litre increase in kerosene and Rs 250 per cylinder hike in LPG rates, Parikh told reporters after presenting the report to Oil Minister Veerappa Moily.
The panel also recommended fixed subsidy of Rs 6 per litre on diesel while favouring deregulation of diesel price in a year's time.
The expert group was tasked to suggest a methodology for pricing of diesel and cooking fuel.