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Decision on petrol price rollback in a few days: Reddy
Friday May 25, 2012 06:38:16 PM,
IANS
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New Delhi: Just two
days after the state-run oil marketing companies announced the
steepest hike so far in petrol price, Petroleum Minister S. Jaipal
Reddy Friday said the government was monitoring the situation and
would take a "definitive" view in a few days.
"I will come back to you with a definitive view in a few days,"
Reddy told reporters while reacting on the petrol price hike.
Reddy said he has discussed the issue with Finance Minister Pranab
Mukherjee and would consult state governments to explore the
possibilities of lower taxes, in order to reduce the burden on the
common man.
The government-run oil marketing companies Wednesday announced a
sharp increase in petrol price. In Delhi, the price was hiked by
Rs.7.54 per litre.
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