India slowly gets rid of subsidy on kerosene by gradual smaller price hikes

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The government of India has eliminated subsidy on poor man’s fuel, kerosene through small fortnightly price increases. Kerosene sold through the public distribution system (PDS) is now priced at market rates. The Union Budget for 2021-22 makes no provision for payment of subsidy on kerosene in the fiscal year beginning April, according to budget documents […]

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