froz Alam Sahil The pricing of Petroleum Products is the biggest fraud played by the Government, Ministry of Petroleum & Natural Gas (MOP&NG) on the public of this Nation. The deliberate opaque pricing which is known as Market determined Pricing mechanism or (MDPM has been reduced to Minister Determined pricing Mechanism conceals the inefficiency of Oil Marketing Companies(OMCs), corruption, Exorbitant Project cost overruns and distorted supply chain mechanism & Logistics. There is a need for complete overhaul of pricing of fuels which are the backbone of economy and a major cause of spiraling Inflation across the board. Government is fooling the public at large by a show of being Pro-poor, pricing Kerosene @14/litre and padding up the Price of Petrol @Rs. 79/litre at current prices... http://beyondheadlines.in/2013/08/why-petrol-can-not-be-sold-rs-50-per-litre/

froz Alam Sahil

The pricing of Petroleum Products is the biggest fraud played by the Government, Ministry of Petroleum & Natural Gas (MOP&NG) on the public of this Nation. The deliberate opaque pricing which is known as Market determined Pricing mechanism or (MDPM has been reduced to Minister Determined pricing Mechanism conceals the inefficiency of Oil Marketing Companies(OMCs), corruption, Exorbitant Project cost overruns and distorted supply chain mechanism & Logistics. There is a need for complete overhaul of pricing of fuels which are the backbone of economy and a major cause of spiraling Inflation across the board. Government is fooling the public at large by a show of being Pro-poor, pricing Kerosene @14/litre and padding up the Price of Petrol @Rs. 79/litre at current prices...

http://beyondheadlines.in/2013/08/why-petrol-can-not-be-sold-rs-50-per-litre/