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Dual Pricing for Diesel planned

New Delhi 4th August 2011: Dual Pricing, a new pricing system for Diesel in India has been planned by the government to curb the growing diesel consumption.

The new system will be based on a two tier pricing in which luxury car owners will have to pay more and transport and goods sector can avail the current subsidised diesel price.

As per the report available in The Hindu daily, the proposals has been considered by the Finance Ministry of India.

The current diesel subsidy is 6.82 litre and the price of one litre of diesel comes to about 42-46 rupees across various cities.

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