Indian finmin says no rollback of fuel price hike

India had freed up state-subsidised petrol prices and raised prices of other fuels in late June.

Indian finmin says no rollback of fuel price hike

Indian Finance Minister Pranab Mukherjee said on Sunday there was no question of rolling back a recent fuel price hike.

"No question of fuel price hike rollback," Mukherjee told reporters on the sidelines of a conference.

India had freed up state-subsidised petrol prices and raised prices of other fuels in late June.

However, the deregulation resulted in protests from opposition parties, and the main opposition Hindu-nationalist Bharatiya Janata Party has called a nation-wide strike on July 5.

Reuters

Güncelleme Tarihi: 04 Temmuz 2010, 13:46

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