Diesel pricing in India: entangled in policy maze
Multi-pronged initiatives are envisaged for the India: Hydrocarbon Vision-2025 with principal objectives to: ensure oil security, improve customer service, develop a competitive industry, enhance quality of life, and assure energy security. This report is a modest attempt to track developments that affect the intent of tariff and pricing policy, especially for diesel. It is however, not feasible to narrow-down focus entirely on diesel or on to all aspects concerning diesel alone. The report identifies areas where significant progress has been achieved and certain policy intent may have already been served. It highlights areas that require greater emphasis than currently applied, but more importantly it deciphers actions that may require a course-correction for realignment with the vision.