Fuel panel for token price hike
R. SURYAMURTHY & JAYANTA ROY CHOWDHURY
Deora: Rising curve
New Delhi, Jan. 18: The group of ministers on fuel is believed to be in favour of recommending a marginal hike in the price of petrol by about Rs 1 a litre.
The view emerged yesterday at the meeting of the ministers and will be discussed with other Congress leaders. If cleared by the political leadership, the ministers may approve the hike at their meeting tomorrow.
This is expected to push inflation up marginally, said top officials. Inflation rose to a four-month high of 3.79 per cent for the week ended January 5 compared with 3.50 per cent in the previous week.
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