Left Right & Centre: The government's carrot
and stick - it allows oil companies to hike
diesel prices in small amounts, and increases
the number of subsidised LPG cylinders from 6
to 9 per household. The decision on diesel may
help the government reduce its budget-busting
subsidy bill while raising the cap on subsidised
LPG cylinders may result in a Rs. 5,000 crore
hit to the national exchequer. Will the UPA' s
balancing act work? We debate.
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