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Diesel and petrol price decontrol is expected to induce competition in fuel retailing. Consumers will benefit up to 10% in near term with combination of quantity and price check. Targeted LPG and kerosene subsidy will save the exchequer of hundreds of crores of rupees resulting into developmental spending with mid and long term benefits to common people.
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First Published: Sat, February 14 2015. 15:18 IST