Oil minister Murli Deora recommends a Rs 3.5 hike in petrol prices and a Re 1 hike in diesel price to the cabinet.
The cabinet is set to take the Kirit Parikh recommendations on petro-pricing tomorrow.
The committee had recommended an across-the-board decontrol of fuel prices. It asked the government to raise petrol and diesel prices by Rs 3.
Source BloombergUTV
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