'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

L
Lola Nayar
Updated on:
Updated on:
'The Hike Could've Been Earlier, And Gradual"
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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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