June 22 (Reuters) – A panel of Indian ministers will meet on Friday to decide on fuel prices, the federal oil minister said on Tuesday.
“There is a meeting on June 25 on fuel prices. I cannot say whether prices will be hiked, but the meeting is on,” Oil minister Murli Deora told Reuters.
Earlier, the Press Trust of India said a government panel will consider decontrol of petrol prices at the meeting.
Earlier this month, the government deferred a decision on raising fuel prices, the second time in a year it has tripped on pushing the politically-sensitive reform measures that could help trim a budget deficit. [ID:nSGE657029] (Reporting by Abhijit Neogy)