Reform fuel pricing

Govt must follow a transparent mechanism

The government’s approval of the full privatisation of Air India has raised expectations that the disinvestment of Bharat Petroleum Corporation Limited (BPCL) may be carried out effectively and as planned before the end of this financial year. Yet there are broader questions about the management of the fuel economy that must be asked at this point. The biggest question surrounds the management of the prices of petrol, diesel, and liquefied petroleum gas or LPG. The fact is that, while these prices have technically been freed up in recent years, in the same period price changes have often been put on