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Business News/ Politics / Policy/  Diesel price changes are up to government: Chidambaram
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Diesel price changes are up to government: Chidambaram

The move does not need parliamentary support as oil companies are owned by the government, said Chidambaram

A file photo of finance minister P. Chidambaram. Photo: AFP (AFP)Premium
A file photo of finance minister P. Chidambaram. Photo: AFP
(AFP)

Hong Kong: Changes to diesel prices in India do not need parliamentary support as they are viewed as an executive decision because oil companies are owned by the government, the country’s finance minister said at a media briefing in Hong Kong on Tuesday.

P. Chidambaram was meeting investors in Hong Kong in a drive to try and boost capital flows into Asia’s third-largest economy.

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Published: 22 Jan 2013, 02:23 PM IST
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