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Deflating gas economy: Kirit Parikh has a tough task on hand as prices soar

As global prices soar, another committee to review gas pricing policies may find the going more challenging

Topics
Natural gas price | oil and gas | LNG

S Dinakar 



Gas pipeline, gas
The pandemic and the Ukraine conflict have upended Delhi’s calculations, with LNG now trading at a premium to crude.

Kirit Parikh has a tough task on hand as he readies India’s 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 .

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First Published: Fri, September 09 2022. 18:34 IST

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