Parikh panel's plan to link gas prices to global crude comes a cropper

When the suggestion was made, crude was at a huge discount to gas; but now, with the unpredictable course of fossil fuel prices playing spoilsport, govt may be forced to do a rethink

S Dinakar | New Delhi
Last Updated at March 17, 2023 23:42 IST

Photo: Bloomberg

India's idea or the idea of a high-level Indian committee's proposal to link gas prices to international crude oil benchmarks may have come unstuck after global gas prices plunged.

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