Will government cut fuel prices? : comparemela.com

Will government cut fuel prices?

Many expect petrol and diesel prices to fall as the cooking gas rates did ahead of assembly polls last year. It may not be a wise comparison. The cooking gas price cut was a response to the gas subsidy pledges by opposition parties at a time when not many believed BJP would sweep state polls. Besides, customers were overpaying for cooking gas, and a cut didn't cause any loss to the state-controlled oil companies.

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