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Plan panel hails fuel price hike

By The Assam Tribune

NEW DELHI, Sept 16 � Planning Commission today said the decision of oil marketing companies to raise petrol price by Rs 3.14 per litre is a good news and will provide credibility to the economic reforms process, reports PTI.

�What has happened (fuel price hike)... On that front it is a good news. I regard that as a vindication...(and) an increase in credibility of basic part of the reforms strategy,� Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters here.

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Plan panel hails fuel price hike

NEW DELHI, Sept 16 � Planning Commission today said the decision of oil marketing companies to raise petrol price by Rs 3.14 per litre is a good news and will provide credibility to the economic reforms process, reports PTI.

�What has happened (fuel price hike)... On that front it is a good news. I regard that as a vindication...(and) an increase in credibility of basic part of the reforms strategy,� Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters here.