<p>   u00a0</p>  <div id="cke_pastebin">   &quot;I am not touching the prices of diesel, LPG or kerosene,&quot; Reddy told reporters when asked about the possibility of hike in prices of these products.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   The state-run oil marketing companies last week announced the sharpest ever increase in petrol prices. In Delhi, petrol raised by Rs.7.54 per litre.</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   There has been speculation that the government might also increase prices of diesel and cooking gas to reduce subsidy burden.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   Reddy also ruled out possibility of introducing dual pricing mechanism for diesel and cooking gas, but said his ministry has recommended raising taxes on diesel-driven vehicles.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   &quot;I am not thinking of dual pricing at all,&quot; the minister said.</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   Reddy said he has discussed with Finance Minister Pranab Mukherjee the inflationary impact of the possible increase in diesel and cooking gas prices.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   The government provides subsidies of Rs.31 per litre on kerosene, Rs.13.64 per litre on diesel and Rs.479 for each cylinder of LPG.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   Due to weakening rupee and high prices of crude oil in the international markets, oil subsidy burden on the government is set to rise substantially. It is also putting heavy pressure on the balance sheets of oil marketing companies.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   Oil marketing companies claim they are losing over Rs.500 crore per day on sale of diesel, kerosene and domestic liquefied petroleum gas (LPG).u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   Reddy said no date has been fixed yet for the meeting of ministerial panel to review subsidies on petroleum products.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   The Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee was scheduled to meet last week to discuss oil subsidy. But the meeting was postponed.u00a0</div>

The government has no immediate plan to hike prices of diesel, liquefied petroleum gas (LPG) and kerosene, Petroleum Minister S. Jaipal Reddy said Monday

No plan to hike diesel, LPG, kerosene prices: Reddy

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No plan to hike diesel, LPG, kerosene prices: Reddy

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