New Delhi: Passenger car owners will not have to pay a higher price for diesel as Union Finance Minister Pranab Mukherjee on Saturday said that there were no proposals for introducing dual pricing for diesel.
"There are no proposals for introducing dual pricing for diesel," he said while addressing a CII function on two decades of Economic Reforms.
It's a clear turnaround from his statement in Parliament where he had said the Government could consider a proposal to remove subsidy on diesel for passenger cars.
Expensive SUVs for driving pleasure and trucks carrying essential items, both get an equal fuel subsidy. Out of every 100 litres of diesel, the single largest consumption is passenger cars - 15 litres.
Replying to the inflation debate in Parliament, he said same percentage of the diesel subsidy goes to passenger cars and trucks and that subsidy can be removed for the passenger cars.
The Government subsidises Rs 6.82 on every litre of diesel costing the exchequer Rs 52,000 crore every year.
Petroleum Minister Jaipal Reddy had indicated that such a proposal has already been given to the Finance Ministry.
Comments
0 comment