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Fuel price revisions: Will it help reduce fiscal deficit

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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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