Government ruled out deregulation of diesel prices. Talking to reporters in New Delhi, the Petroleum Minister Mr. Jaipal Reddy said that it is not politically and practically feasible. He said, the government has taken several decisions to check adulteration and pilferation of kerosene. They include reintroduction of an improved marker system within six months, introduction of GPS for tankers and online information. Mr. Reddy had convened a high level meeting to take stock of the situation in the backdrop of the killing of Additional District Magistrate of Malegaon Yashwant Sonawane allegedly by oil mafia. Mr. Reddy also suggested that the states use GPS-based vehicular tracking system like the one being used for vehicles transporting petrol and diesel to track the movement to plug leakages. Mr. Reddy said oil companies would provide technological and institutional support to the state governments for installing GPS on tank trucks transporting kerosene. The minister also said oil companies will provide online real-time information on loading of kerosene trucks, quantity and time of departure from their depots so that state authorities can check any route diversion. While strongly condemning Sonawane's killing, Mr. Reddy announced that oil marketing companies have decided to provide an exgratia payment of 25 lakh rupees to the family of the deceased.
News On AIR | January 28, 2011 1:57 PM
Govt rules out deregulation of diesel prices