Business Standard

The Parikh committee's logic for proposed gas policy

In a competitive market, it is the consumer price that should be equalled to the cost of imported gas


Kirit S Parikh
The main objectives of the gas pricing policy considered by the committee, which I chaired, were the following:
  • To increase the production of natural gas in India to meet the government’s target of increasing the share of natural gas in the primary energy mix of the country to 15 per cent by 2030 and also to contribute to energy security
  • To ensure the availability of natural gas to end users, vulnerable sectors and sections of society at fair and affordable costs
  • To realise these objectives with minimum burden on central and states finances
In doing so, the producers and distributors must
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Mar 21 2023 | 6:57 PM IST

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