Letters: Fuel debate

It is not clear what the government policy is going to be on the Kirit Parikh report. With the hike in excise and customs duties in the Budget, another hike seems unlikely.

The only other option to deregulation seems to be the option of reducing taxes while keeping retail prices unchanged — this will allow oil PSUs to recover costs. But it will make it difficult to balance the Budget.

Vijay Shah, Mumbai

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