Kirit Parikh has a tough task on hand as he readies India’s natural gas pricing regime for a churn. Parikh is a free-market proponent at heart — in a previous stint as head of a committee on the pricing methodology for diesel, domestic cooking gas and ration-shop kerosene during Manmohan Singh’s administration he recommended steep hikes in the prices of subsidised fuels, capping subsidies, and moving towards a market price for diesel.
But it’s trickier this time around, as Parikh prepares to head a new committee to review market-linked natural gas pricing in Prime Minister Narendra Modi’s administration. Singh was

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