July 21, 2014 8:09 AM

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Petroleum Minister: No hike in LPG, kerosene prices

Petroleum Minister Dharmendra Pradhan has said that Cooking gas and kerosene prices will not be hiked keeping in view the impact of such a step on the people. Talking to reporters in Patna yesterday, he said this will benefit the middle class people and those who use kerosene as cooking fuel. Pradhan, who was in Patna to attend the final day of the two-day BJP state executive meeting said, the petrol prices would move according to the prevalent market price mechanism. He said, Petrol prices are linked directly to the market and they move accordingly. The Minister said, they faced some difficulty due to the Iraq issue and petrol prices went up a bit in the country. He expressed hope that there would be nooil shock in the future as the rupee was appreciating under the leadership of Prime Minister Narendra Modi and it was a good indication. He said bulk diesel prices for railways, defence, industries and other big consumers were decreased by around a rupee after duties were reduced on it.Pradhan also said that the central government wasplanning to revive the fertiliser plants at Barauni (Bihar),Sindri (Jharkhand), Durgapur (West Bengal) and Gorakhpur (Uttar Pradesh) as part of the Haldia (West Bengal)– Jagdhishpur (Uttar Pradesh) gas pipeline project.

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