nair
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You should agree that had Congress been in Power, this would have happened only before elections or else price would have remained stagnant.
100%, it was their baby to deregulate petroleum prices..... It has its own advantages and disadvantages....... It could increase the pressure on inflation, but it will reduce the bill of govt and the money can be used for other development purposes.....
But if one had to deregulate diesel price, this is the best time to do..... 1) Inflation is at a 5 year low 2) Crude oil prices are <90 dollar......