New Delhi: The hike in fuel prices is likely to be the first of the many tough reforms the Government is mulling despite opposition from the Left allies.
Prime Minister Manmohan Singh is also likely to press for a proposal that seeks a five to 10 per cent disinvestment of the Neyveli Lignite Corportaion.
The proposal was listed in the last Cabinet meeting but was postponed and is likely to make it to the agenda soon.
The Left parties have been vehemently opposed to this move as the corporation also has expansion plans in Kerala.
The Government is also keen on disinvesting several other sick Public Sector Undertakings (PSUs).
Though the Left has not favoured the move, the Government is unlikely to take a soft stand on the issue any longer.
Also on the agenda is Pension Fund Regulatory Development Authority bill that seeks to allow the use of funds in the stock market.
The Left parties and the BJP-led opposition are opposed to most of these proposals.
But a more pragmatic section within the Left might spur the Prime Minister to go ahead with these reform measures.
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