Thursday 26 June 2014

A Comment on Deferment of LP Gas price hike

My Comment on an article "Cabinet defers decision on gas price hike by three months" published in the Economic Times. com Dated 25/06/2014 at 10:45 pm.



 "A kind of seemingly relief to consumers for some more period. 

But the actual effect of such underpricing and postponement of decisions is anti-economical for country. 

These subsidies and lower priced supplies will rise the prices of all other commodities and give rise to inflation as a whole. This is not good in the long run"

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