Fuel price revisions: Will it help reduce fiscal deficit

After the Cabinet permitted oil marketing companies to set diesel prices and hiked the cap on subsidized LPG cylinders to 9, experts Saugata Roy, MP, TMC; Kirit S. Parikh, chairman, Integrated Research & Action for Development and former member of Planning Commission; R S Pandey, former Petroleum Secretary, and Nalin Kohli, national executive member of BJP, discuss if they will make any material difference to the govt's bid to reduce its fiscal deficit.

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