Gcci Seeks Withdrawal Gas Price Hike Plan

The Gujarat Chamber of Commerce and Industry (GCCI) has urged the Union petroleum and natural gas ministry to withdraw the proposed hike in the prices of natural gas.

In a memorandum submitted to Union minister Ram Naik, the GCCI emphasised that the proposal is not only hasty and ill-conceived but will also adversely affect power, fertiliser and other industries and impair the competitive edge of the industries.