For Quick Alerts
For Daily Alerts

Govt to help power & fertiliser sectors cope with gas price hike, says FM

By Religare

The finance minister P Chidambaram on Friday said the government would consider helping the power and fertiliser industries to cope with the doubling of domestic gas prices from April 1.

The FM statement came in wake of gas price hike by the government on late Thursday. The Cabinet Committee of Economic Affairs (CCEA) gave nod to raise gas prices to USD 8.4/mmbtu, effective April 2014, for a period of five years.


"The power and fertiliser ministries have raised the issue. We can look at fixing the input costs for these sectors. The issues will be addressed in course of time," Finance Minister told media.

Read more about:
Story first published: Friday, June 28, 2013, 22:50 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'


We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more