Business Standard

<b>Letters:</b> Driving the fuel policy

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Business Standard New Delhi

With reference to the editorial “Interpreting the law” (May 9), fuel is the driving force of the economy so it is important to deal with price volatility. Sometime ago, the country's biggest private company closed all its fuel outlets after incurring heavy losses owing to government-mandated prices of petrol and diesel. The government should come to terms with the ground reality and take all possible steps to support the oil companies (public and private) by raising prices so that they can survive the spiraling crude prices and then pass the fuel to the consumer at whatever affordable rates.

P Senthil Saravana Durai Mumbai

 

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First Published: May 10 2012 | 12:45 AM IST

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