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  • Sep 19, 2014
  • Clarify stand on gas pricing: Supreme Court to govt

    The Supreme Court on Thursday asked the Centre to clarify whether it will continue with the previous UPA government policy on gas pricing mechanism or it has its own policy in view of a four-member committee of secretaries having submitted its report recently on the issue.A Bench headed by Justice TS Thakur asked solicitor general Ranjit Kumar to clarify whether the government is going to change the C Rangarajan pricing formula notified in January that doubled the gas price to $8.4 per million British thermal unit or come with its own pricing formula.

    Source - http://www.financialexpress.com