Fuel prices have undergone a steep price hike very recently. Various political parties put up resistances in various ways without any visible impact on the Indian Government. After petrol, steep price hike is inevitable for Diesel and LPG.
Diesel price hike will have highest impact on the the price rise of each and every items of essential needs for a consumer. A common consumer in India is already facing music of high prices of essential commodities and further increase may leave the bitter most taste in their mouth.
Look out for a decision on this issue of price rise by the Finance Minister chaired ministerial panel on fuels when it meets on 9th June, 2011.
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