Moily says cannot abruptly end diesel subsidies
NEW DELHI (Reuters) - India cannot abruptly put an end to diesel subsidies, Oil Minister Veerappa Moily told television channel CNN-IBN on Thursday, after the government gave some liberty to state-run oil marketing companies to set diesel prices.
(Reporting by Rajesh Kumar Singh; Editing by Jo Winterbottom)
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Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target without cuts. Article