'The Hike Could've Been Earlier, And Gradual"
The former petroleum secretary feels we gradually need to move towards a full or near-full neutralisation of global prices
Probir Sengupta, distinguished fellow at TERI and former petroleum secretary, spoke to Outlook the morning after the petro-products hike. Excerpts.
Was the price hike inevitable and the quantum justified?
Is the hike too little and too late?
What is the way forward?
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