Catching the diesel tide

With the current session of Parliament coming to an end on Friday, the buzz is, once again, that we can expect a hike in diesel prices, perhaps even in LPG including a possible cap on the number of cylinders that can be bought at a subsidised rate each year. Why after Parliament? Because, the government doesn’t want the Opposition to create a row? Given that it was Mamata Banerjee who has successfully ensured there has been no diesel hike so far, a diesel hike after Friday isn’t quite a given, and certainly not in the size that is required.

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