EGoM to consider raising diesel and LPG prices
Moneylife Digital Team 21 December 2010

New Delhi: The Empowered Group of Ministers (EGoM) headed by finance minister Pranab Mukherjee is likely to meet next week to consider raising prices of diesel and domestic liquefied petroleum gas (LPG), reports PTI.

“We are hopeful of an EGoM meeting soon ... hopefully it may happen next week,” oil secretary S Sundareshan told reporters here.

He said that there was a need to raise diesel and LPG prices but refused to say on the quantum of hike the EGoM may consider.

The EGoM was earlier scheduled to meet on 22nd December but was postponed on the unavailability of a couple of members.

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