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Diesel price decision not to reduce fuel subsidy bill - Chidambaram
January 17, 2013 / 9:27 AM / 5 years ago

Diesel price decision not to reduce fuel subsidy bill - Chidambaram

Palaniappan Chidambaram speaks during a news conference after a South Asian Association for Regional Cooperation (SAARC) interior ministers meeting in Islamabad June 26, 2010.Faisal Mahmood/Files

NEW DELHI (Reuters) - India's budget-busting fuel subsidy bill for the current fiscal year ending in March is expected to remain unchanged even after a government decision to allow state-run oil companies to set diesel prices, Finance Minister P. Chidambaram said on Thursday.

"When they will make this small correction and how much, I can't say," he said. "So I am not factoring it."

Reporting by Rajesh Kumar Singh; Editing by Anupama Dwivedi

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