India's Oil Minister Says Gas Price Hike May Be Effective Mid-May

摘要

India's Federal Oil Minister Veerappa Moily said late Thursday that domestic gas prices in India can increase from mid-May after the Election Commision's so-called "code of conduct," which bars government from taking any decision that can influence voters, ends with the declaration of polling results on May 16. The price hike will be effective retrospectively from Apr.1, he said (IOD Mar.26'14).