Gas fiasco: Govt delayed price hike by 9 months, failed to predict poll fallout

The Election Commission's directive to defer gas price revision may have practically sounded the death knell for reforms in the sector but the government has only itself to blame for the predicament. The Cabinet had approved the proposed pricing regime, recommended by a panel under PMEAC chairman C Rangarajan, for all domestic gas on June 27 last year.

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