Govt wants to hike gas price, help RIL; Ministries resist

As the countdown has started for the end of the UPA Government, a move is underway to sharply increase the price of indigenously produced natural gas. A Cabinet note shows that a section of the Government wants to bring the domestic price on a par with international rates. The move, which would come as windfall for Mukesh Ambani’s Reliance Industries Limited (RIL), has triggered sharp differences among various Ministries.

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