Friday, August 5, 2011

Car owners may have to pay more for diesel cars


New Delhi:  Finance Minister Pranab Mukherjee said on Thursday the government is moving in the direction of removing controls on diesel prices. 

"We are moving in that direction (of decontrol). There are no other proposals being considered by the government," he told reporters outside Parliament after his reply in the Lok Sabha on the discussion on price rise.

Mukherjee said in the context of his reply to the discussion on inflation he had mentioned that the government has in principle taken a view on decontrol of prices as has been done in the case of petrol.

He said for better targeting of subsidies of LPG, kerosene and fertiliser a Committee under Nandan Nilekani was working out the modalities.

There has been speculation following the Finance Minister's reply in the Lok Sabha that the government may adopt differential pricing of diesel for passenger cars. 


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