Dharmendra Pradhan: Govt will not subsidise fuel prices

DN Bureau

"It is already known that petroleum commodity is in the market-driven mechanism. It is up to how the cost is coming. Government is not going to interfere or subsidise price. People will prefer cleaner fuel," Pradhan said.

Dharmendra Pradhan
Dharmendra Pradhan


New Delhi: On the country upgrading to Bharat Stage VI (BS VI) fuel from Bharat Stage IV, Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Wednesday said that the government will not interfere or subsidise prices.

"It is already known that petroleum commodity is in the market-driven mechanism. It is up to how the cost is coming. Government is not going to interfere or subsidise price. People will prefer cleaner fuel," Pradhan said following a meeting with Texas Governor Greg Abbott.

Also Read | Fuel prices witness marginal rise in Delhi, Mumbai

Pradhan also asserted that the cost was going to reduce health issues and would also address environmental concerns.

Also Read: Supreme Court proposes roll out of BS VI fuel by next year, in 13 metros

Further, the minister said that Gas Authority of India Limited (GAIL) was getting competitive prices for fuel.

Also Read | Petrol, diesel prices touch new height today

"It is a trade secret of GAIL. I can assure you, I can confidentally say GAIL is getting very competitive price," Pradhan added.

Abbott is in India for an eight-day visit. (ANI)










Related Stories