CARE seeks immediate impementation of Kirit Parikh report

Credit Analysis and Research (CARE) Limited has called for the immediate implementation of the Kirit Parikh Committee report that has recommended freeing of petrol and diesel prices and a steep hike in LPG and kerosene rates.
It was reported last week that An experts group, headed by former Planning Commission member Kirit Parikh, submitted its much awaited report on pricing policy for four major oil products, namely, petrol, diesel, kerosene and LPG. The committee has recommended that prices of petrol and diesel to be market-determined, both at the refinery gate and retail levels, whereas the prices of kerosene and domestic LPG can be partially raised by Rs 6 per litre and Rs 100 per cylinder respectively.

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